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, May 13, 2008

Scan 13 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
D.B.E. GURNEY RESOURCES BHDShort5/13/20080.22514820021.751416
INTI UNIVERSAL HOLDINGS BHDShort5/13/20081.0628800023.622734
WELLI MULTI CORPORATION BHDShort5/13/20080.23595500024.312729
YTL POWER INTERNATIONAL BHDShort5/13/20082.32985850029.711741

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