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, July 18, 2012

Scan 16 Jul 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DIALOG GROUP BHDLong7/16/20122.37256850022.042625
EVERGREEN FIBREBOARD BHDLong7/16/20120.970830025.162617
HONG LEONG INDUSTRIES BHDLong7/16/20123.9810330023.613621
KARAMBUNAI CORP BHDLong7/16/20120.13274700021.711713
MALAYSIA PACIFIC CORP BHDLong7/16/20120.31525150025.392514
PAN MALAYSIAN INDUSTRIES BHDLong7/16/20120.0412450063.793228
TA ENTERPRISE BHDLong7/16/20120.56255620029.342823
TENAGA NASIONAL BHDLong7/16/20126.73280300302322
MINETECH RESOURCES BHDShort7/16/20120.13513000029.781418
SCICOM (MSC) BHDShort7/16/20120.435600024.043238

No comments: