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

Monday, December 5, 2011

Scan 5 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ETI TECH CORPORATION BHDLong12/5/20110.15578980024.382623
GLOMAC BHDLong12/5/20110.862108120038.063826
HO WAH GENTING BHDLong12/5/20110.37761040025.112218
OLYMPIA INDUSTRIES BHDLong12/5/20110.265258810020.021916
POS MALAYSIA & SERVICES HOLDINGLong12/5/20112.6368060023.433729
DAIMAN DEVELOPMENT BHDShort12/5/20111.8815200030.192038
PRICEWORTH WOOD PRODUCTS BHDShort12/5/20110.41513270021.882327
SIME DARBY BHDShort12/5/20118.98317950023.072728

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