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, September 18, 2008

Scan 18 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MEDA INC. BHDLong9/18/20080.143150025.492523
PAN MALAYSIA HOLDINGS BHDLong9/18/20080.0838800028.193130
RHB CAPITAL BHDLong9/18/20083.8667890023.882623
TECHNODEX BHDLong9/18/20080.2616530040.38116
BIMB HOLDINGS BHDShort9/18/2008123680021.92627
CAELY HOLDINGS BHDShort9/18/20080.1915130029.633141
DIGISTAR CORPORATION BHDShort9/18/20080.08511100021.522630
GOLD BRIDGE ENGINEERING & CONS.Short9/18/20080.0716200023.592339
HOCK SENG LEE BHDShort9/18/20080.5912200028.312632
INS BIOSCIENCE BHDShort9/18/20080.20546810025.141416
INTELLIGENT EDGE TECHNOLOGIES BShort9/18/20080.09525120025.891823
MULTI VEST RESOURCES BHDShort9/18/20080.4539160020.141721
SAPURACREST PETROLEUM BHDShort9/18/20081.26918430020.382627
TECHVENTURE BHDShort9/18/20080.00515000029.841516
TH GROUP BHDShort9/18/20080.4329000032.33238

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