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, July 8, 2011

Scan 7 Jul 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BCT TECHNOLOGY BHDLong7/7/20110.0315410024.78119
KUMPULAN EUROPLUS BHDLong7/7/20111.15114090030.73527
MALAYSIA BUILDING SOCIETY BHDLong7/7/20111.481527060030.843225
PUNCAK NIAGA HOLDINGS BHDLong7/7/20111.9863610022.663320
UNISEM (M) BHDLong7/7/20111.659740021.122221
YTL LAND & DEVELOPMENT BHDLong7/7/20111.5827700026.612623
DXN HOLDINGS BHDShort7/7/20111.2442310022.411718
FURQAN BUSINESS ORGANISATION BHShort7/7/20110.1411600022.652223
GLOBAL SOFT (MSC) BHDShort7/7/20110.0445000029.292224

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