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

Thursday, October 16, 2008

Scan 16 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PACIFICMAS BHDLong10/16/20084.129810028.184433
POLY TOWER VENTURES BHDLong10/16/20080.2725200026.392018
ALIRAN IHSAN RESOURCES BHDShort10/16/20080.82515530029.73740
AMDB BHDShort10/16/20080.11541540024.31419
GEFUNG HOLDINGS BHDShort10/16/20080.1826500029.551923
KOMARKCORP BHDShort10/16/20080.19519410021.51825
KUMPULAN EUROPLUS BHDShort10/16/20080.2313780021.362531
KUMPULAN FIMA BHDShort10/16/20080.4111300028.352934
LATEXX PARTNERS BHDShort10/16/20080.3133000020.232021
SUPERMAX CORPORATION BHDShort10/16/20080.9810600024.342427
WIJAYA BARU GLOBAL BHDShort10/16/20080.2915800026.112329

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