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

Thursday, July 31, 2008

Scan 31 July 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BIMB HOLDINGS BHDLong7/31/20081.1170010020.273120
INDUSTRIAL CONCRETE PRODUCTS BHLong7/31/20082.7925330037.164325
NTPM HOLDINGS BHDLong7/31/20080.5154000030.583523
OGAWA WORLD BHDLong7/31/20080.26577990045.373121
PADIBERAS NASIONAL BHDLong7/31/20081.537140034.12826
PETRA PERDANA BHDLong7/31/20083.6612570022.023332
YTL CEMENT BHDLong7/31/20083.5812500044.823332
ASIAEP BHDShort7/31/20080.125251180054.532021
COMINTEL CORPORATION BHDShort7/31/20080.415217090023.472632
JAKS RESOURCES BERHADShort7/31/20080.58101070033.182427
JOTECH HOLDINGS BHDShort7/31/20080.0515510037.822228
TANCO HOLDINGS BHDShort7/31/20080.1328700027.62831
TANJONG PUBLIC LIMITED COMPANYShort7/31/200813.136190034.562331
UCHI TECHNOLOGIES BHDShort7/31/20081.9245740027.112326
WONDERFUL WIRE & CABLE BHDShort7/31/20080.0821600032.371415

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