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, April 16, 2008

Scan 16 Apr 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIAEP BHDLong4/16/20080.1812800020.981714
CAB CAKARAN CORPORATION BHDLong4/16/20080.3719870022.061615
IGB CORPORATION BHDLong4/16/20081.61307540027.192726
MUDAJAYA GROUP BHDLong4/16/20083.568150050.763533
PJ DEVELOPMENT HOLDINGS BHDLong4/16/20080.67513160022.193523
POS MALAYSIA & SERVICES HOLDINGLong4/16/20081.76165390023.542624
SELANGOR PROPERTIES BHDLong4/16/20082.9622350032.043222
STARHILL REAL ESTATE INVESTMENTLong4/16/20080.8814240025.373228
TRADEWINDS CORPORATION BHDLong4/16/20080.731074820030.074721
WTK HOLDINGS BHDLong4/16/20082.229780024.813019
ADVANCED SYNERGY BHD-ICULSShort4/16/20080.06518250021.81748
WELLI MULTI CORPORATION BHDShort4/16/20080.31614820041.132733

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