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

Tuesday, September 16, 2008

Scan 16 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DAIMAN DEVELOPMENT BHDShort9/16/20081.6419100030.922337
DIJAYA CORPORATION BHDShort9/16/20081.112700021.061835
ECOFIRST CONSOLIDATED BHDShort9/16/20080.1415000021.381114
LNG RESOURCES BHDShort9/16/20080.165346420025.551241
PBA HOLDINGS BHDShort9/16/20080.914500026.453336
RHB CAPITAL BHDShort9/16/20083.8644170026.492329

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