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 7, 2008

Scan 7 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIAN PAC HOLDINGS BHDLong5/7/20080.13534730020.982320
BHS INDUSTRIES BHDLong5/7/20080.52124170025.774526
INS BIOSCIENCE BHDLong5/7/20080.25526710026.061614
MALAYSIA AIRPORT HOLDINGS BHDLong5/7/20082.95187730020.643125
TENAGA NASIONAL BHDLong5/7/20087.1401410033.452422
WELLI MULTI CORPORATION BHDLong5/7/20080.26563370031.563230
ATIS CORPORATION BHDShort5/7/20081.3137390039.182628

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