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, July 21, 2008

Scan 21 July 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BERTAM ALLIANCE BHDLong7/21/20080.36517400028.482219
ENGTEX GROUP BHDLong7/21/20080.8785920025.232623
GAMUDA BHDLong7/21/20082.591465730020.23328
GULA PERAK BHDLong7/21/20080.06170120074.971413
MISC BHDLong7/21/20088.735080033.462824
PUTRAJAYA PERDANA BHDLong7/21/20084.76170730020.412521
AXIS INCORPORATION BHDShort7/21/20081.7631810028.741922
FOTRONICS CORPORATION BHDShort7/21/20080.02527490031.613141

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