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, December 8, 2011

Scan 7 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
OGAWA WORLD BHDLong12/7/20110.3676560041.244029
PORTRADE DOTCOM BHDLong12/7/20110.07512000022.472618
PPB GROUP BHDLong12/7/201116.431260022.732523
SMR TECHNOLOGIES BHDLong12/7/20110.16560150022.732620
BANENG HOLDINGS BHDShort12/7/20110.04127840055.15439
TAMCO CORPORATE HOLDINGS BHDShort12/7/20110.1589360059.192634
TENAGA NASIONAL BHDShort12/7/20115.46582170026.662125

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