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

Tuesday, August 7, 2012

Scan 6 Aug 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ECM LIBRA AVENUE BHDLong8/6/20120.855110820031.332521
FOCUS DYNAMICS TECHNOLOGIES BHDLong8/6/20120.1682530035.152119
MUHIBBAH ENGINEERING (M) BHDLong8/6/20120.965302610034.862620
SKP RESOURCES BHDLong8/6/20120.355817340034.093532
ENG KAH CORPORATION BHDShort8/6/20123.814270022.383039
IJM PLANTATIONS BHDShort8/6/20123.5157460039.391666
MAA HOLDINGS BHDShort8/6/20120.4416400024.352224
SANICHI TECHNOLOGY BHDShort8/6/20120.05564800020.61617

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