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, October 18, 2012

Scan 17 Oct 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AIRASIA BHDLong10/17/20123.121160860028.242925
BERTAM ALLIANCE BHDLong10/17/20120.611280033.812522
EKSONS CORPORATION BHDLong10/17/20121.0615650025.52825
ETI TECH CORPORATION BHDLong10/17/20120.1051093140036.462720
JAKS RESOURCES BERHADLong10/17/20120.4424800028.512922
MAH SING GROUP BHDLong10/17/20122.4377960025.783734
MALAYSIAN BULK CARRIERS BHDLong10/17/20121.44105020020.273321
RCE CAPITAL BHDLong10/17/20120.465142140032.23923
TIME ENGINEERING BHDLong10/17/20120.31319470031.772521
BRIGHT PACKAGING INDUSTRY BHDShort10/17/20121.45235100025.992730
DIJAYA CORPORATION BHDShort10/17/20121.0392900021.822027
DOMINANT ENTERPRISE BHDShort10/17/20120.79518310025.241415
P.A. RESOURCES BHDShort10/17/20120.173750034.682535
SERN KOU RESOURCES BHDShort10/17/20120.20527900027.812529
SOLUTION ENGINEERING HOLDINGS BShort10/17/20120.1168230021.471924
TELEKOM MALAYSIA BHDShort10/17/20126.11206580025.42227

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