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 2, 2008

Scan 2 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MALAYSIAN AIRLINE SYSTEM BHDLong9/2/20083.5832910026.343129
FAJAR BARU CAPITAL BHDShort9/2/20080.58530730020.692832
PECD BHDShort9/2/20080.03512350020.092831
STARHILL REAL ESTATE INVESTMENTShort9/2/20080.8533800030.272546
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