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

Sunday, August 5, 2012

Scan 2 Aug 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CARLSBERG BREWERY MALAYSIA BHDLong8/2/201212.0214640027.292623
IJM PLANTATIONS BHDLong8/2/20123.6226120039.813728
KUANTAN FLOUR MILLS BHDLong8/2/20120.4328000025.612923
ANCOM BHDShort8/2/20120.37517980027.632223
DRB-HICOM BHDShort8/2/20122.57437060022.121819
ECM LIBRA AVENUE BHDShort8/2/20120.85340820035.542325
HUBLINE BHDShort8/2/20120.07420510022.6810
INTELLIGENT EDGE TECHNOLOGIES BShort8/2/20120.01734590023.021653
PACIFIC & ORIENT BHDShort8/2/20121.0667400049.722830
PRINSIPTEK CORPORATION BHDShort8/2/20120.213000020.571830
REDTONE INTERNATIONAL BHDShort8/2/20120.315400000053.72326

No comments: