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 27, 2008

Scan 27 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GUH HOLDINGS BHDLong8/27/20080.5910800020.012926
IDAMAN UNGGUL BHDLong8/27/20080.08566680022.272115
INTEGRATED LOGISTICS BHDLong8/27/20080.810100024.762720
KARAMBUNAI CORP BHDLong8/27/20080.0728900020.232120
CYCLE & CARRIAGE BINTANG BHDShort8/27/20082.0412120074.693256
SCAN ASSOCIATES BHDShort8/27/20080.1212390028.482026

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