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

Friday, June 24, 2011

Scan 23 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BIMB HOLDINGS BHDLong6/23/20111.85492120023.383525
GLOBAL SOFT (MSC) BHDLong6/23/20110.04511080036.682319
SDKM FIBRES WIRES & CABLES BHDLong6/23/20110.995103670020.412926
SOUTH MALAYSIA INDUSTRIES BHDLong6/23/20110.2528500022.163220
FAVELLE FAVCO BHDShort6/23/20111.4265560043.092830
MITRAJAYA HOLDINGS BHDShort6/23/20112.48212460026.842329
RHB CAPITAL BHDShort6/23/20119.031237770033.172535

No comments: