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, May 14, 2008

Scan 14 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COMPUGATES HOLDINGS BHDLong5/14/20080.125157910022.772219
EONMETALL GROUP BHDLong5/14/20080.93114500021.752817
JADI IMAGING HOLDINGS BHDLong5/14/20080.1720130037.53225
KIMBLE CORPORATION BHDLong5/14/20080.1121420030.081716
LIQUA HEALTH CORPORATION BHDLong5/14/20080.1451169430025.082722
YE CHIU METAL SMELTING BHDLong5/14/20081.6130400020.714220
ATLAN HOLDINGS BHDShort5/14/20082.9938500031.852023
MALAYSIAN AE MODELS HOLDINGS BHShort5/14/20081.46188180020.39911

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