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 26, 2008

Scan 26 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AEON CREDIT SERVICE (M) BHDLong9/26/20083.1256650025.953527
JOTECH HOLDINGS BHDLong9/26/20080.055122260082.735445
KECK SENG (M) BHDLong9/26/20083.88192300025.374337
KEY ASIC BHDLong9/26/20080.5410860024.211917
MEDA INC. BHDLong9/26/20080.10528000021.662420
PAN MALAYSIAN INDUSTRIES BHDShort9/26/20080.07513100022.332629
TRANSMILE GROUP BHDShort9/26/20080.89555490031.732730

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