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

Saturday, May 26, 2012

Scan 25 May 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MTOUCHE TECHNOLOGY BHDLong5/25/20120.445298680022.843227
ORNASTEEL HOLDINGS BHDLong5/25/20121.3817470024.363730
TOP GLOVE CORPORATION BHDLong5/25/20124.461210023.13231
TSM GLOBAL BHDLong5/25/20121.2597790031.352722
UNICO-DESA PLANTATIONS BHDLong5/25/20121.2124360020.123024
WINSUN TECHNOLOGIES BHDLong5/25/20120.13115900022.742219
DAYA MATERIALS BHDShort5/25/20120.261000027.572324
ESTHETICS INTERNATIONAL GROUP BShort5/25/20120.4412800027.282250
QSR BRANDS BHDShort5/25/20126.5418790031.372834

No comments: