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 30, 2008

Scan 30 July 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AFFIN HOLDINGS BHDLong7/30/20081.8124930026.983027
ANN JOO RESOURCES BHDLong7/30/20083.6438840022.772822
GLOBETRONICS TECHNOLOGY BHDLong7/30/20080.21274000062.52115
IJM CORPORATION BHDLong7/30/20085.3546200026.452221
MEMS TECHNOLOGY BHDLong7/30/20080.0992670039.022716
POLY TOWER VENTURES BHDLong7/30/20080.35234180038.492522
PUBLIC BANK BHDLong7/30/200810.5285210027.482016
QL RESOURCES BHDLong7/30/20082.710910041.925328
TANCO HOLDINGS BHDLong7/30/20080.1320000029.492928
UNICO-DESA PLANTATIONS BHDLong7/30/20080.97512100044.443627
YUNG KONG GALVANISING INDUSTRIELong7/30/20080.34552870036.433430
FOREMOST HOLDINGS BHDShort7/30/20080.3370610028.712932
UNITED KOTAK BHDShort7/30/20080.4815370020.62546
YTL CORPORATION BHDShort7/30/20086.65119920031.132227

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