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

Thursday, May 22, 2008

Scan 22 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AMALGAMATED CONTAINERS BHDLong5/22/20086.613850031.733129
DIALOG GROUP BHDLong5/22/20081.56341960020.082923
HEXZA CORPORATION BHDLong5/22/20080.6912400021.43324
K & N KENANGA HOLDINGS BHDLong5/22/20080.9323660022.193533
KEY ASIC BHDLong5/22/20080.39549800022.263825
KUB MALAYSIA BHDLong5/22/20080.465139180023.372423
STARHILL REAL ESTATE INVESTMENTLong5/22/20080.8922500025.683427
GREEN PACKET BHDShort5/22/20082.2286770032.442436
INTELLIGENT EDGE TECHNOLOGIES BShort5/22/20080.14512360025.592226
KARAMBUNAI CORP BHDShort5/22/20080.0935410055.581519
KELADI MAJU BHDShort5/22/20080.13561380073.342839
KENCANA PETROLEUM BHDShort5/22/20082.03149260035.382527
LCTH CORPORATION BHDShort5/22/20080.312120037.062123
MALAYSIAN MERCHANT MARINE BHDShort5/22/20080.2917200030.22831
MNRB HOLDINGS BHDShort5/22/20084.8620280026.823137
TOP GLOVE CORPORATION BHDShort5/22/20084.6261800029.52232
TOWER REAL ESTATE INVESTMENT TRShort5/22/20081.2724520020.122732

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