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, August 1, 2012

Scan 1 Aug 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CBS TECHNOLOGY BHDLong8/1/20120.35565100022.542321
INTELLIGENT EDGE TECHNOLOGIES BLong8/1/20120.03554600020.442819
KPJ HEALTHCARE BHDLong8/1/20126.2627040028.333827
MINETECH RESOURCES BHDLong8/1/20120.14215590030.33421
PARAMOUNT CORPORATION BHDLong8/1/20121.6624670024.092524
UMW HOLDINGS BHDLong8/1/20129.8320980033.733220
QUILL CAPITA TRUSTShort8/1/20121.1916040039.332730

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