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, September 23, 2011

Scan 23 Sep 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ETI TECH CORPORATION BHDLong9/23/20110.115188370049.941614
BERJAYA SPORTS TOTO BHDShort9/23/20114.18155440026.72124
INCH KENNETH KAJANG RUBBER PLCShort9/23/20110.49523100023.363436
LINEAR CORPORATION BHDShort9/23/20110.0514550020.582842
MESB BHDShort9/23/20110.31512200023.592140
PENTAMASTER CORPORATION BHDShort9/23/20110.1820800020.863438
STAR PUBLICATIONS (M) BHDShort9/23/20113.228100031.22340
SURIA CAPITAL HOLDINGS BHDShort9/23/20111.4117900023.952034
UMW HOLDINGS BHDShort9/23/20116.7259160036.233132

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