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 22, 2008

Scan 22 July 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AXIS INCORPORATION BHDLong7/22/20081.7864180027.612519
EKOVEST BHDLong7/22/20081.1183170026.62119
LIQUA HEALTH CORPORATION BHDLong7/22/20080.1126860021.453028
MALAYAN BANKING BHDLong7/22/20087.1342130026.222019
MALAYSIAN AIRLINE SYSTEM BHDLong7/22/20083.3424570032.333725
MULTI-PURPOSE HOLDINGS BHDLong7/22/20081.5648400034.412822
PJI HOLDINGS BHDLong7/22/20080.065260900039.32723
PORTRADE DOTCOM BHDLong7/22/20080.1829100020.982220

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