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

Wednesday, August 24, 2011

Scan 24 Aug 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BOON KOON GROUP BHDLong8/24/20110.318000022.792726
OPENSYS (M) BHDLong8/24/20110.09513430022.262812
PACIFIC & ORIENT BHDLong8/24/20110.7713540021.072824
PINTARAS JAYA BHDLong8/24/20112.3214080022.533432
SUIWAH CORPORATION BHDLong8/24/20111.4112320029.512818
TRADEWINDS (M) BHDLong8/24/20119.1671130120.723331
UNITED U-LI CORPORATION BHDLong8/24/20111.1735280023.162625
YINSON HOLDINGS BHDShort8/24/20111.922290025.992526
ZECON BHDShort8/24/20110.5727750022.262427

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