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, August 13, 2008

Scan 13 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INCH KENNETH KAJANG RUBBER PLCLong8/13/20080.35517620022.781917
OPCOM HOLDINGS BHDLong8/13/20080.3612450020.482618
PREMIUM NUTRIENTS BHDLong8/13/20080.1641000021.13529
PROGRESSIVE IMPACT CORPORATIONLong8/13/20080.57333570022.92017
TH PLANTATIONS BHDLong8/13/20083.3215900023.013231
GULA PERAK BHDShort8/13/20080.06139200030.731517
MALAYSIAN AIRLINE SYSTEM BHDShort8/13/20083.6430140038.672829
PAN MALAYSIAN INDUSTRIES BHDShort8/13/20080.0834750036.372329
PETRONAS DAGANGAN BHDShort8/13/20086.8526340028.582632
POLY TOWER VENTURES BHDShort8/13/20080.378650022.972631
SALCON BHDShort8/13/20080.445139900020.442425
SKP RESOURCES BHDShort8/13/20080.11553460022.212936

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