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, April 25, 2013

Scan 24 Apr 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PETALING TIN BHDLong4/24/20130.26527350021.72523
BRITE-TECH BHDShort4/24/20130.11519000026.12532
KECK SENG (M) BHDShort4/24/20134.8991910039.412836
NEXTNATION COMMUNICATION BHDShort4/24/20130.094066440046.481316
PACIFIC & ORIENT BHDShort4/24/20131.4112750026.222630
POH KONG HOLDINGS BHDShort4/24/20130.4526700021.092022
ZELAN BHDShort4/24/20130.255238660023.632122

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