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 4, 2008

Scan 4 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ANCOM BHDLong8/4/20080.91510150035.342724
KIM LOONG RESOURCES BHDLong8/4/20083.3822200031.594032
KINSTEEL BHDLong8/4/20081.29466320029.072625
SINO HUA-AN INTERNATIONAL BHDLong8/4/20080.64530370030.083420
SKP RESOURCES BHDLong8/4/20080.12265440031.153522
TANCO HOLDINGS BHDLong8/4/20080.12523300024.463230
BURSA MALAYSIA BHDShort8/4/2008746180025.063033
CCM DUOPHARMA BIOTECH BHDShort8/4/20082.3718680024.581821
H-DISPLAYS (MSC) BHDShort8/4/20080.1726000042.632228
KELADI MAJU BHDShort8/4/20080.13106920035.521221
LANDMARKS BHDShort8/4/20081.4144550030.782427

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