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

Friday, November 2, 2012

Scan 1 Nov 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALLIANZ MALAYSIA BHDLong11/1/20127.223590022.114240
MAXTRAL INDUSTRY BHDLong11/1/20120.1113190028.642523
NAIM INDAH CORPORATION BHDLong11/1/20120.2153259680028.282219
PETRA ENERGY BHDLong11/1/20121.7614970021.323021
BRITE-TECH BHDShort11/1/20120.1265000023.782026
FAST TRACK SOLUTION HLDGS BHDShort11/1/20120.095481430039.362729
MYCOM BHDShort11/1/20120.551079840046.813031
SCOMI GROUP BHDShort11/1/20120.4051558140033.412123

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