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, August 26, 2011

Scan 25 Aug 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DREAMGATE CORPORATION BHDLong8/25/20110.07196830026.683933
FREIGHT MANAGEMENT HLDGS BHDLong8/25/20111.0434930022.023028
JOTECH HOLDINGS BHDLong8/25/20110.13576830023.71816
KIAN JOO CAN FACTORY BHDLong8/25/20112.08212600023.82927
NI HSIN RESOURCES BHDLong8/25/20110.10523070044.811917
PADIBERAS NASIONAL BHDLong8/25/20112.9141810024.913725
DVM TECHNOLOGY BHDShort8/25/20110.112058610025.982223
GPA HOLDINGS BHDShort8/25/20110.0730000037.21827
KFC HOLDINGS (M) BHDShort8/25/20113.8210520020.642628

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