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

Monday, August 18, 2008

Scan 18 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
IRM GROUP BHDLong8/18/20080.2531100020.233026
KEJURUTERAAN SAMUDRA TIMUR BHDLong8/18/20080.4114600031.553731
PAN MALAYSIAN INDUSTRIES BHDLong8/18/20080.085435880031.782824
ENVAIR HOLDING BHDShort8/18/20080.3115540036.432637
GULA PERAK BHDShort8/18/20080.06395730025.942022
INCH KENNETH KAJANG RUBBER PLCShort8/18/20080.3227210020.721622
KZEN SOLUTIONS BHDShort8/18/20080.25576280022.71518
MALAYAN BANKING BHDShort8/18/20087.4253640026.422425
MALAYSIAN AIRLINE SYSTEM BHDShort8/18/20083.634800032.912730
RAMUNIA HOLDINGS BHDShort8/18/20081.656980030.612330
WINSUN TECHNOLOGIES BHDShort8/18/20080.115230520021.072533

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