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

Monday, September 29, 2008

Scan 29 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ETI TECH CORPORATION BHDLong9/29/20082.0965480022.22618
MALAYSIAN MERCHANT MARINE BHDLong9/29/20080.1710300044.412726
PUNCAK NIAGA HOLDINGS BHDLong9/29/20082.8323020042.663833
QSR BRANDS BHDLong9/29/20082.3211100028.432826
TAN CHONG MOTOR HOLDINGS BHDLong9/29/20081.6486790022.44127
PAN MALAYSIA CORPORATION BHDShort9/29/20080.1732110023.853233
POS MALAYSIA & SERVICES HOLDINGShort9/29/20081.8179870020.152225
RHB CAPITAL BHDShort9/29/20083.966940022.912328
UEM WORLD BHDShort9/29/20082.3979490023.911921

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