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 8 Jun 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COASTAL CONTRACTS BHDLong6/8/20121.86381810035.553329
FLONIC HI-TEC BHDLong6/8/20120.1051067250023.643723
HOVID BHDLong6/8/20120.2146300029.782820
IFCA MSC BHDLong6/8/20120.0977750023.423231
MALAYSIAN AIRLINE SYSTEM BHDLong6/8/20121.12188980022.772523
PJI HOLDINGS BHDLong6/8/20120.145168160049.124028
SAAG CONSOLIDATED (M) BHDLong6/8/20120.065559280023.391512
NAKAMICHI CORPORATION BHDShort6/8/20120.44532130028.171286

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