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, May 21, 2013

Scan 21 May 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FORMOSA PROSONIC INDUSTRIES BHDLong5/21/20130.69515210030.443431
GOODWAY INTEGRATED INDUSTRIES BLong5/21/20130.4115200033.083322
METAL RECLAMATION BHDLong5/21/20130.7325000091.494341
TOYO INK GROUP BHDLong5/21/20130.7210240027.313027
BOUSTEAD HOLDINGS BHDShort5/21/20135.4144550032.422425
MULPHA LAND BHDShort5/21/20130.5910970038.052942

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