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, July 1, 2008

Scan 1 July 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
JADI IMAGING HOLDINGS BHDLong7/1/20080.1343240021.553229
PAN MALAYSIA HOLDINGS BHDLong7/1/20080.09521990029.573731
SOUTHERN STEEL BHDLong7/1/20083.0819790020.183023
BIMB HOLDINGS BHDShort7/1/20081.126110020.372226
HO HUP CONSTRUCTION COMPANY BHDShort7/1/20080.5821890020.763637
KIMBLE CORPORATION BHDShort7/1/20080.04167510027.581518
MUDA HOLDINGS BHDShort7/1/20080.857310023.782930
OPUS INTERNATIONAL GROUP PLCShort7/1/20080.9399270026.722425

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