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, December 18, 2010

Scan 17 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HUBLINE BHDLong12/17/20100.2059997400251716
KONSORTIUM TRANSNASIONAL BHDLong12/17/20100.15159290029.884821
KURNIA ASIA BHDLong12/17/20100.38143800035.112925
RESORTS WORLD BHDLong12/17/20103.37513850021.062322
ISS CONSULTING SOLUTIONS BHDShort12/17/20100.0540600077.072352
LAFARGE MALAYAN CEMENT BHDShort12/17/20107.7743370030.343032
LEWEKO RESOURCES BHDShort12/17/20100.15511000025.732430
NEXTNATION COMMUNICATION BHDShort12/17/20100.0514380051.252051
TALAM CORPORATION BHDShort12/17/20100.085585560046.98810

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