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

Thursday, June 9, 2011

Scan 9 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
D & O VENTURES BHDLong6/9/20110.2210740021.13431
HPI RESOURCES BHDLong6/9/20113.28326300222824
K & N KENANGA HOLDINGS BHDLong6/9/20110.850500021.623027
KEIN HING INTERNATIONAL BHDLong6/9/20110.41200100221810
KZEN SOLUTIONS BHDLong6/9/20110.14771560028.344428
TALAM CORPORATION BHDLong6/9/20110.08717540041.2985
EON CAPITAL BHDShort6/9/20112.4776880060.07491
HAP SENG CONSOLIDATED BHDShort6/9/20115.3411860032.442829
SMR TECHNOLOGIES BHDShort6/9/20110.14545270021.762123

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