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 22, 2008

Scan 22 Apr 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BORNEO OIL BHDLong4/22/20080.42250180023.022725
JAKS RESOURCES BERHADLong4/22/20080.7751923490031.052723
KUB MALAYSIA BHDLong4/22/20080.51765400022.442720
KUMPULAN PERANGSANG SELANGOR BHLong4/22/20081.81396500029.192927
MAH SING GROUP BHDLong4/22/20081.545710040.612928
RB LAND HOLDINGS BHDLong4/22/20082.1322230032.163925
SALCON BHDLong4/22/20080.775114000028.262819
SCOMI ENGINEERING BHDLong4/22/20081.2533000022.443530
SWEE JOO BHDLong4/22/20081.25236580029.373324
KURNIA SETIA BHDShort4/22/20082.2617480029.332434

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