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

Friday, August 15, 2008

Scan 15 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GULA PERAK BHDLong8/15/20080.0635410027.682116
POLY TOWER VENTURES BHDLong8/15/20080.364120020.652827
SUNWAY CITY BHDLong8/15/20082.242460048.213829
YTL LAND & DEVELOPMENT BHDLong8/15/20080.98531060025.072825
APL INDUSTRIES BHDShort8/15/20080.07549870033.981736
DRB-HICOM BHDShort8/15/20080.99543280034.082224
EONMETALL GROUP BHDShort8/15/20080.6315040024.091823
LAFARGE MALAYAN CEMENT BHDShort8/15/20084.426110026.572627

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