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

Wednesday, January 11, 2012

Scan 11 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BSL CORPORATION BERHADLong1/11/20120.2649450026.092120
KARYON INDUSTRIES BHDLong1/11/20120.19100410028.094132
SOUTH MALAYSIA INDUSTRIES BHDLong1/11/20120.2295600028.864222
TALIWORKS CORPORATION BHDLong1/11/2012116160025.573628
UCHI TECHNOLOGIES BHDLong1/11/20121.1832080039.173024
ANN JOO RESOURCES BHDShort1/11/20121.844000022.073233
JAVA INCORPORATED BHDShort1/11/20120.6722100025.322534
P.A. RESOURCES BHDShort1/11/20120.1572170025.2820

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