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, November 4, 2011

Scan 3 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
I-POWER BHDLong11/3/20110.031623870020.341815
KEY WEST GLOBAL TELECOMMUNICATILong11/3/20110.11996580026.512418
PATIMAS COMPUTERS BHDLong11/3/20110.0553050730045.781815
SANICHI TECHNOLOGY BHDLong11/3/20110.0573500020.472115
SDKM FIBRES WIRES & CABLES BHDLong11/3/20110.33533600021.982624
MALAYSIA STEEL WORKS (KL)BHDShort11/3/20111.09177820025.62327
PARAMOUNT CORPORATION BHDShort11/3/20111.6511770020.363132
SERSOL TECHNOLOGIES BHDShort11/3/20110.09589320033.462329
UNISEM (M) BHDShort11/3/20111.13455870023.432527

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