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

Friday, May 9, 2008

Scan 9 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AMALGAMATED CONTAINERS BHDLong5/9/20086.9538490034.663728
CAM RESOURCES BHDLong5/9/20080.2358690024.742617
IJM CORPORATION BHDLong5/9/20086.05977340023.313534
SIGNATURE INTERNATIONAL BHDLong5/9/20081.1836950024.132818
GULA PERAK BHDShort5/9/20080.07567980025.952327
JADI IMAGING HOLDINGS BHDShort5/9/20080.1715070044.752628
LITESPEED EDUCATION TECHNOLOGIEShort5/9/20080.0514300043.05425
TENAGA NASIONAL BHDShort5/9/20086.95136280031.032223

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