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, May 9, 2012

Scan 8 May 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BORNEO OIL BHDLong5/8/20120.457950020.92220
HARVEST COURT INDUSTRIES BHDLong5/8/20120.713698520036.983824
KELADI MAJU BHDLong5/8/20120.265000024.653226
N2N CONNECT BHDLong5/8/20120.46519900027.493722
YTL CORPORATION BHDLong5/8/20121.731597920027.393219
CHANGHUAT CORPORATION BHDShort5/8/20120.8320990020.041623
PAN MALAYSIA HOLDINGS BHDShort5/8/20120.0656100028.951519
RB LAND HOLDINGS BHDShort5/8/20122.17112410020.881721
SCICOM (MSC) BHDShort5/8/20120.3825850029.011521

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