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

Thursday, February 25, 2010

Scan 25 Feb 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AXIS INCORPORATION BHDLong2/25/20100.07523500022.772321
MALAYAN UNITED INDUSTRIES BHDLong2/25/20100.244730022.61312
TAN CHONG MOTOR HOLDINGS BHDLong2/25/20103.17196040023.622927
UMW HOLDINGS BHDLong2/25/20106.27118150027.773827
MQ TECHNOLOGY BHDShort2/25/20100.13516920021.292936
PPB GROUP BHDShort2/25/201016.276420025.332635
TANJONG PUBLIC LIMITED COMPANYShort2/25/201017.6224100021.232627
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