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, November 12, 2013

Scan 12 Nov 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DKSH HOLDINGS(M)BHDLong11/12/20136.5780320031.334126
PALETTE MULTIMEDIA BHDLong11/12/20130.065142600032.051411
ALAM MARITIM RESOURCES BHDShort11/12/20131.491170210036.092731
DIGI.COM BHDShort11/12/20134.85707600024.921819
I-POWER BHDShort11/12/20130.33223750029.052125
ORNASTEEL HOLDINGS BHDShort11/12/20131.322450025.312224
PETRONAS DAGANGAN BHDShort11/12/201330.256560029.631630
PUBLIC BANK BHDShort11/12/201318.28219440030.672224

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