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

Saturday, August 17, 2013

Scan 16 Aug 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DRB-HICOM BHDLong8/16/20132.7420160022.832420
HONG LEONG BANK BHDLong8/16/201314.3636880020.562418
OCTAGON CONSOLIDATED BHDLong8/16/20130.141122010030.954120
BUMIPUTRA-COMMERCE HOLDINGS BHDShort8/16/20138.041081900026.322630
INDUSTRONICS BHDShort8/16/20130.605443760023.931937
SMR TECHNOLOGIES BHDShort8/16/20130.2210050022.662427
STARHILL REAL ESTATE INVESTMENTShort8/16/20131.0444600022.672130

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