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

Tuesday, March 27, 2012

Scan 27 Mar 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
IJM PLANTATIONS BHDLong3/27/20123.3480340021.182523
MEDA INC. BHDLong3/27/20120.8150260033.632219
NI HSIN RESOURCES BHDLong3/27/20120.1629670020.554024
STARHILL REAL ESTATE INVESTMENTLong3/27/20120.92522240020.721814
KIA LIM BHDShort3/27/20120.336300032.172930
MTOUCHE TECHNOLOGY BHDShort3/27/20120.41136060034.652425
YTL POWER INTERNATIONAL BHDShort3/27/20121.83329060020.181921

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