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, July 15, 2010

Scan 15 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AL-'AQAR KPJ REITLong7/15/20101.05416700020.192926
JOTECH HOLDINGS BHDLong7/15/20100.08144240021.541615
KUMPULAN JETSON BHDLong7/15/20101.551614570036.833534
LBS BINA GROUP BHDLong7/15/20100.54561940022.823626
MALAYSIA STEEL WORKS (KL)BHDLong7/15/20100.87517960024.583529
ORNASTEEL HOLDINGS BHDLong7/15/20101.6569660024.582523
ALAM MARITIM RESOURCES BHDShort7/15/20101.1934610039.391454
PALETTE MULTIMEDIA BHDShort7/15/20100.0316210027.421421
SANICHI TECHNOLOGY BHDShort7/15/20100.08530000022.133742

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