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, April 15, 2008

Scan 15 Apr 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
LION DIVERSIFIED HOLDINGS BHDLong4/15/20081.29372520021.012825
PRICEWORTH WOOD PRODUCTS BHDLong4/15/20080.67523950036.463734
CHASE PERDANA BHDShort4/15/20080.57513060038.633839
KURNIA ASIA BHDShort4/15/20080.75515430022.32223
STAR PUBLICATIONS (M) BHDShort4/15/20083.4223290021.512528

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