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 27, 2008

Scan 27 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PLUS EXPRESSWAYS BHDLong5/27/20083.04158610027.572524
A & M REALTY BHDShort5/27/20080.5833100028.191727
DNP HOLDINGS BHDShort5/27/20081.15103750022.722426
HONG LEONG BANK BHDShort5/27/20086.2578850020.981617
HUBLINE BHDShort5/27/20080.4789550042.022023
KIM HIN INDUSTRY BHDShort5/27/20081.2717440031.722539
KNM GROUP BHDShort5/27/20086.35112080033.542433
MULPHA INTERNATIONAL BHDShort5/27/20081.02151400042.832529
PRESS METAL BHDShort5/27/20081.3728890034.892829
TONG HERR RESOURCES BHDShort5/27/20083.0458920040.52050
TRANSMILE GROUP BHDShort5/27/20081.46132460027.652628

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