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

Thursday, August 23, 2012

Scan 22 Aug 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CAELY HOLDINGS BHDLong8/22/20120.2942690035.353019
LITESPEED EDUCATION TECHNOLOGIELong8/22/20120.1933850056.995230
MUHIBBAH ENGINEERING (M) BHDLong8/22/20120.96589540020.032016
SCOPE INDUSTRIES BHDLong8/22/20120.385115600041.143027
BUMIPUTRA-COMMERCE HOLDINGS BHDShort8/22/20127.81928640020.711726
KHEE SAN BHDShort8/22/20120.4255000362425
PADIBERAS NASIONAL BHDShort8/22/20123.4841960044.171938
TAMCO CORPORATE HOLDINGS BHDShort8/22/20120.14526140020.252425

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