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, July 2, 2011

Scan 1 Jul 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KAMDAR GROUP(M)BHDLong7/1/20110.36540990027.784531
KUALA LUMPUR KEPONG BHDLong7/1/201122.22109350020.592523
RB LAND HOLDINGS BHDLong7/1/20112.8328870027.332322
SUMATEC RESOURCES BHDLong7/1/20110.0818060034.452119
TRC SYNERGY BHDLong7/1/20111.8136530026.23319
H-DISPLAYS (MSC) BHDShort7/1/20110.02565150025.762227
MLABS SYSTEMS BHDShort7/1/20110.1328630033.281819
SCOMI MARINE BHDShort7/1/20110.41510210022.912829

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