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 20, 2009

Scan 19 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FLONIC HI-TEC BHDLong11/19/20090.061034660020.033126
PDZ HOLDINGS BHDLong11/19/20090.09252880053.722017
BASWELL RESOURCES BHDShort11/19/20090.2226980030.972425
EFFICIENT E-SOLUTIONS BHDShort11/19/20090.205207590039.32022
GPA HOLDINGS BHDShort11/19/20090.111510031.982023
GREEN PACKET BHDShort11/19/20091.08614470043.822627
HAI-O ENTERPRISE BHDShort11/19/20097.213340062.853334
THREE-A RESOURCES BHDShort11/19/20091.36314710034.372526

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