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

Saturday, June 4, 2011

Scan 2 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ARK RESOURCES BHDLong6/2/20110.56569210075.112812
BRIGHT PACKAGING INDUSTRY BHDShort6/2/20110.4226220038.342128
CCM DUOPHARMA BIOTECH BHDShort6/2/20112.516100035.582632
DXN HOLDINGS BHDShort6/2/20111.2416300020.051620
GSB GROUP BHDShort6/2/20110.09743170043.022429
ORNAPAPER BHDShort6/2/20110.53514800033.072331
PUNCAK NIAGA HOLDINGS BHDShort6/2/20112.1534320030.482428

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