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, June 11, 2008

Scan 10 Jun 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
APL INDUSTRIES BHDLong6/10/20080.138200031.222419
KIAN JOO CAN FACTORY BHDLong6/10/20081.1916760020.752420
MINPLY HOLDINGS (M) BHDLong6/10/20080.4610760021.32219
AMANAH HARTA TANAH PNBShort6/10/20080.8314010041.611720
HIL INDUSTRIES BHDShort6/10/20080.36510400042.212930
KARAMBUNAI CORP BHDShort6/10/20080.08108500038.41725
NCB HOLDINGS BHDShort6/10/20083.1462600020.842327
PETALING TIN BHDShort6/10/20080.18543800020.962227

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