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, June 9, 2012

Scan 7 Jun 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CONNECTCOUNTY HOLDINGS BHDLong6/7/20120.1428400048.812617
HAP SENG CONSOLIDATED BHDLong6/7/20121.69127880020.122414
HAP SENG PLANTATIONS HOLDINGS BLong6/7/20122.9831810020.762719
IJM PLANTATIONS BHDLong6/7/20123.0933070033.593126
KINSTEEL BHDLong6/7/20120.4387130037.252322
LAFARGE MALAYAN CEMENT BHDLong6/7/20127.3142590030.012624
TONG HERR RESOURCES BHDLong6/7/20122.3935220028.553127
HEKTAR REAL ESTATE INVESTMENT TShort6/7/20121.3913690028.322531

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