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

Monday, January 16, 2012

Scan 16 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ISS CONSULTING SOLUTIONS BHDLong1/16/20120.08495350022.074522
ASTRAL SUPREME BHDShort1/16/20120.171206830042.692526
CEPATWAWASAN GROUP BHDShort1/16/20121.0789350027.981462
GENTING BHDShort1/16/201210.56360630021.251924
JAKS RESOURCES BERHADShort1/16/20120.56182850022.852528
KRETAM HOLDINGS BHDShort1/16/20122.2910520027.621219
UCHI TECHNOLOGIES BHDShort1/16/20121.1410140033.162328

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