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, October 5, 2011

Scan 5 Oct 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CNI HOLDINGS BHDLong10/5/20110.14522790031.092823
GAMUDA BHDLong10/5/20112.96561080035.242423
MLABS SYSTEMS BHDLong10/5/20110.09211000033.051613
PERMAJU INDUSTRIES BHDLong10/5/20110.28512000031.734035
PETRONAS DAGANGAN BHDLong10/5/201115.8810080028.913921
TOP GLOVE CORPORATION BHDLong10/5/20114.38357850032.493531
FURNIWEB INDUSTRIAL PRODUCTS BHShort10/5/20110.3510220038.453658
WIJAYA BARU GLOBAL BHDShort10/5/20110.5686660020.392426

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