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, October 15, 2008

Scan 15 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MALAYSIAN MERCHANT MARINE BHDLong10/15/20080.1516180026.123921
ROCK CHEMICAL INDUSTRIES (M) BHLong10/15/20081.2230200058.08106
TOWER REAL ESTATE INVESTMENT TRLong10/15/20080.9812500021.834133
YI-LAI BHDLong10/15/20080.621910042.382822
BERJAYA SPORTS TOTO BHDShort10/15/20084.32100150029.171823
FOTRONICS CORPORATION BHDShort10/15/20080.0213910033.552838
H-DISPLAYS (MSC) BHDShort10/15/20080.13516260024.362850
HIL INDUSTRIES BHDShort10/15/20080.2996190020.512426
LINEAR CORPORATION BHDShort10/15/20080.2118000033.222226
MALAYSIAN RESOURCES CORPORATIONShort10/15/20080.69620670022.192225
PALETTE MULTIMEDIA BHDShort10/15/20080.0418000032.241619
PAN MALAYSIA CORPORATION BHDShort10/15/20080.1570220021.443036
PUNCAK NIAGA HOLDINGS BHDShort10/15/20082.523410029.852834
TENAGA NASIONAL BHDShort10/15/20086.75338270028.212529

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