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 6, 2008

Scan 6 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GOLD BRIDGE ENGINEERING & CONS.Long5/6/20080.111250066.673935
HAP SENG PLANTATIONS HOLDINGS BLong5/6/20082.9941960020.12726
MEMS TECHNOLOGY BHDLong5/6/20080.1653050920029.332619
AHMAD ZAKI RESOURCES BHDShort5/6/20080.955116300021.032126
AXIS INCORPORATION BHDShort5/6/20082.0547640027.361719
BOLTON BHDShort5/6/20080.8512710027.363048
EBWORX BHDShort5/6/20080.264000027.523235
G.A.BLUE INTERNATIONAL BHDShort5/6/20080.37575080026.842128
MULTI-PURPOSE HOLDINGS BHDShort5/6/20081.8213250020.832329
YNH PROPERTY BHDShort5/6/20082.27164700029.442527

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