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

Wednesday, November 21, 2012

Scan 19 Nov 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BUMITAMA AGRI LTD.Long11/19/20121.045564100020.62617
CHINA KUNDA TECH HOLDINGS LTDLong11/19/20120.03421000050.635215
CHINA MINZHONG FOOD CORP LTDLong11/19/20120.805682300020.962321
GLOBAL PREMIUM HOTELS LIMITEDLong11/19/20120.24189800029.382220
GSH CORPORATION LIMITEDLong11/19/20120.0915366700045.643527
TREASURY CHINA TRUSTShort11/19/20121.457700038.922535
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