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, November 24, 2011

Scan 24 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DIJAYA CORPORATION BHDLong11/24/20111.3923880028.572419
HUBLINE BHDLong11/24/20110.105760540037.371816
MAJUPERAK HOLDINGS BHDLong11/24/20110.29297090032.164019
ORIENTAL HOLDINGS BHDLong11/24/20114.3105890026.034620
REDTONE INTERNATIONAL BHDLong11/24/20110.275844680023.553420
SEACERA TILES BHDLong11/24/20110.636700028.781916
C.I. HOLDINGS BHDShort11/24/20110.9355010050.84979
PRINSIPTEK CORPORATION BHDShort11/24/20110.20530000025.432628
SILVER BIRD GROUP BHDShort11/24/20110.3929700031.522732
SUPERMAX CORPORATION BHDShort11/24/20113.42153250035.42829

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