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

Friday, September 19, 2008

Scan 19 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SAPURACREST PETROLEUM BHDShort9/18/20081.26918430020.382627
CCM DUOPHARMA BIOTECH BHDLong9/19/20082.2413290021.062826
HEITECH PADU BHDLong9/19/20080.917080028.143837
IGB CORPORATION BHDLong9/19/20081.44176330023.473222
JOTECH HOLDINGS BHDLong9/19/20080.05107410080.074636
KONSORTIUM TRANSNASIONAL BHDLong9/19/20080.22559200028.473328
SUNWAY CITY BHDLong9/19/20082.3312980031.863630
MERGE HOUSING BHDShort9/19/20080.54510440020.521927

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