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, June 17, 2008

Scan 17 Jun 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AEON CREDIT SERVICE (M) BHDLong6/17/20083.5415100026.073432
APL INDUSTRIES BHDLong6/17/20080.105132370024.893422
HEXAGON HOLDINGS BHDLong6/17/20081.65116490020.991814
KELADI MAJU BHDLong6/17/20080.135106800042.33109
MALAYAN UNITED INDUSTRIES BHDLong6/17/20080.275103710028.012524
TEX CYCLE TECHNOLOGY (M) BHDLong6/17/20080.2931000021.982923
LION CORPORATION BHDShort6/17/20080.6764540022.942529
SOUTHERN STEEL BHDShort6/17/20083.117440022.342830

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