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, August 28, 2008

Scan 28 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SKP RESOURCES BHDLong8/28/20080.11548600022.83330
SUNWAY HOLDINGS INCORPORATED BHLong8/28/20080.9150530028.692522
YTL POWER INTERNATIONAL BHDLong8/28/20081.8651490021.042221
KONSORTIUM LOGISTIK BHDShort8/28/20081.1516100020.741718
TOYO INK GROUP BHDShort8/28/20081.717520022.262128
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