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

Monday, June 23, 2008

Scan 23 Jun 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
LION INDUSTRIES CORPORATION BHDLong6/23/20082.65189410026.172524
LOH & LOH CORPORATION BHDLong6/23/20084.634140023.296019
MUDA HOLDINGS BHDLong6/23/20080.78138170029.062625
PUTRAJAYA PERDANA BHDLong6/23/20084.5855970026.445616
UBG BHDLong6/23/20082.48257330024.2799
BONIA CORPORATION BHDShort6/23/20081.8217700033.013242
MECHMAR CORPORATION (M) BHDShort6/23/20080.2514500027.241819
MINETECH RESOURCES BHDShort6/23/20080.2212600026.742834

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