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

Tuesday, November 22, 2011

Scan 22 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
IGB CORPORATION BHDLong11/22/20111.97286170025.592419
PELIKAN INT.CORPORATION BHDLong11/22/20110.81511420023.472322
DRB-HICOM BHDShort11/22/20112.1155940020.912425
ISS CONSULTING SOLUTIONS BHDShort11/22/20110.055181110023.552425
MAJUPERAK HOLDINGS BHDShort11/22/20110.26533000034.162527
MMS VENTURES BHDShort11/22/20110.1252463390044.842042
PERISAI PETROLEUM TEKNOLOGI BHDShort11/22/20110.64158160021.842425
PRESS METAL BHDShort11/22/20111.74360000242934
TOP GLOVE CORPORATION BHDShort11/22/20114.2849470022.512630

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