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

Wednesday, September 24, 2008

Scan 24 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DIALOG GROUP BHDLong9/24/20081.05542310033.593321
EQUINE CAPITAL BHDLong9/24/20080.5151393330035.153622
KENCANA PETROLEUM BHDLong9/24/20081.59143690040.353125
KUB MALAYSIA BHDLong9/24/20080.325374070025.012721
PAN MALAYSIA CORPORATION BHDLong9/24/20080.19194150027.012926
RAMUNIA HOLDINGS BHDLong9/24/20081.72518600025.622824
RCE CAPITAL BHDLong9/24/20080.43146780022.023231
SUNWAY HOLDINGS INCORPORATED BHLong9/24/20080.845188780023.453226
TALAM CORPORATION BHDLong9/24/20080.21497130021.33528
TEBRAU TEGUH BHDLong9/24/20080.481391750035.282924
TRANSMILE GROUP BHDLong9/24/20081345400036.453130
UEM WORLD BHDLong9/24/20082.5133920029.692320
MALAYSIA AIRPORT HOLDINGS BHDShort9/24/20082.3417890022.272327
TRANS-ASIA SHIPPING CORP BHDShort9/24/20080.6424100020.652122

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