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 20, 2008

Scan 20 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
JADI IMAGING HOLDINGS BHDLong5/20/20080.175540420034.24723
I-POWER BHDShort5/20/20080.2445000028.21929
MAH SING GROUP BHDShort5/20/20081.42199590020.121933
MALTON BHDShort5/20/20080.41510400024.512226
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