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, November 17, 2011

Scan 16 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BERTAM ALLIANCE BHDLong11/16/20110.515274240028.423028
CARLSBERG BREWERY MALAYSIA BHDLong11/16/20117.2643940021.244228
PREMIUM NUTRIENTS BHDLong11/16/20110.2518510023.372215
BRITE-TECH BHDShort11/16/20110.1216080024.123238
BTM RESOURCES BHDShort11/16/20110.34568810041.631822
G.A.BLUE INTERNATIONAL BHDShort11/16/20110.2817000034.841720
KURNIA ASIA BHDShort11/16/20110.48506030027.171518
LION INDUSTRIES CORPORATION BHDShort11/16/20111.4241220025.842425
REDTONE INTERNATIONAL BHDShort11/16/20110.235444060031.342230
YTL CORPORATION BHDShort11/16/20111.44515450020.281920

No comments: