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, July 18, 2008

Scan 17 July 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FTEC RESOURCES BHDLong7/17/20080.06517710025.233428
TELEKOM MALAYSIA BHDLong7/17/20083.34734040033.412723
EDEN INC. BHDShort7/17/20080.445115210033.562326
GAMUDA BHDShort7/17/20082.46506060022.573031
HONG LEONG INDUSTRIES BHDShort7/17/2008410200039.682427
IDAMAN UNGGUL BHDShort7/17/20080.08527850022.22629
MALAYAN BANKING BHDShort7/17/20087.132420032.612123
MISC BHDShort7/17/20088.441560037.632732
PERMAJU INDUSTRIES BHDShort7/17/20080.4823400022.3712
STARHILL REAL ESTATE INVESTMENTShort7/17/20080.87524360028.423135

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