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

Tuesday, October 21, 2008

Scan 21 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALIRAN IHSAN RESOURCES BHDLong21-Oct-080.8823610026.634231
HOCK SENG LEE BHDLong21-Oct-080.618150039.283521
MUTIARA GOODYEAR DEVELOPMENT BHLong21-Oct-080.610960026.732120
NEXTNATION COMMUNICATION BHDLong21-Oct-080.0426500021.392718
YUNG KONG GALVANISING INDUSTRIELong21-Oct-080.31513530021.152825
COMPLETE LOGISTIC SERVICES BHDShort21-Oct-080.510500021.772731
FURQAN BUSINESS ORGANISATION BHShort21-Oct-080.0621420023.811925
INS BIOSCIENCE BHDShort21-Oct-080.210500023.091928
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