ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of KLSE Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI for Long signal.
3. 13 Period +DI crosses under -DI for Short signal.
4. Volume trade > 100,000 shares

Tuesday, May 3, 2011

Scan 3 May 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
TOYO INK GROUP BHDLong5/3/20111.6912140028.394029
ASIAEP BHDShort5/3/20110.0551784010027.641524
CAB CAKARAN CORPORATION BHDShort5/3/20110.28514150026.851522
CARLSBERG BREWERY MALAYSIA BHDShort5/3/20117.4117220050.742339
ENG TEKNOLOGI HOLDINGS BHDShort5/3/20111.7918630029.392233
ISS CONSULTING SOLUTIONS BHDShort5/3/20110.06130050025.761012
MAA HOLDINGS BHDShort5/3/20111.1586020034.582226
MEDIA PRIMA BHDShort5/3/20112.5959760025.172526
PERISAI PETROLEUM TEKNOLOGI BHDShort5/3/20110.78783580029.921922

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