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, June 14, 2011

Scan 13 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AHMAD ZAKI RESOURCES BHDLong6/13/20110.81532100032.432826
MQ TECHNOLOGY BHDLong6/13/20110.09530350021.162721
BASWELL RESOURCES BHDShort6/13/20110.09526510021.222944
CB INDUSTRIAL PRODUCT HOLDING BShort6/13/20114.0417780022.613334
EKOVEST BHDShort6/13/20112.8317160042.553033
EXTOL MSC BHDShort6/13/20110.27519000026.712830
GSB GROUP BHDShort6/13/20110.09195780030.562526

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