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, August 18, 2011

Scan 18 Aug 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DIGISTAR CORPORATION BHDLong8/18/20110.45560020031.172826
KURNIA ASIA BHDLong8/18/20110.511425800027.672723
MELEWAR INDUSTRIAL GROUP BHDLong8/18/20110.72566670021.373632
PACIFIC & ORIENT BHDLong8/18/20110.78266000262422
TAMCO CORPORATE HOLDINGS BHDLong8/18/20110.12592010024.993426
AL-HADHARAH BOUSTEAD REITShort8/18/20111.4613400020.142728
ESSO MALAYSIA BHDShort8/18/20114.031376320022.92427
TAI KWONG YOKOHAMA BHDShort8/18/20110.7215050031.162939

No comments: