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, July 2, 2008

Scan 2 July 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PJI HOLDINGS BHDLong7/2/20080.05135100039.252016
AKN MESSAGING TECHNOLOGIES BHDShort7/2/20080.09528500023.922633
BINA PURI HOLDINGS BHDShort7/2/20080.93585760025.082324
KFC HOLDINGS (M) BHDShort7/2/20085.9528000020.041735
KZEN SOLUTIONS BHDShort7/2/20080.25548020036.452427
MENANG CORPORATION (M) BHDShort7/2/20080.2211230025.21812
MUTIARA GOODYEAR DEVELOPMENT BHShort7/2/20080.7584400023.023748

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