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, February 9, 2012

Scan 8 Feb 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIAEP BHDLong2/8/20120.085590050023.851814
KEY WEST GLOBAL TELECOMMUNICATILong2/8/20120.13552000026.42822
MTOUCHE TECHNOLOGY BHDLong2/8/20120.28591320022.123914
GEORGE KENT (M) BHDShort2/8/20120.94513430024.442128
LATEXX PARTNERS BHDShort2/8/20121.973400021.671819
MALAYSIAN AE MODELS HOLDINGS BHShort2/8/20120.5639600058.791764
VERSATILE CREATIVE BHDShort2/8/20120.485402070034.551920
WATTA HOLDING BHDShort2/8/20120.2318970036.48976

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