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, December 9, 2011

Scan 8 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHANGHUAT CORPORATION BHDLong12/8/20111.0310110029.91109
DENKO INDUSTRIAL CORPORATION BHLong12/8/20110.3951100830121.733922
SAAG CONSOLIDATED (M) BHDLong12/8/20110.0657167220022.41311
COMPUGATES HOLDINGS BHDShort12/8/20110.073389520051.891720
ENVAIR HOLDING BHDShort12/8/20110.265521310022.612729
JOHAN HOLDINGS BHDShort12/8/20110.2448900024.512326
SILVER RIDGE HOLDINGS BHDShort12/8/20110.2460800027.742729

No comments: