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 23, 2008

Scan 23 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
METRONIC GLOBAL BHDLong10/23/20080.0958550026.45821
AKN TECHNOLOGY BHDShort10/23/20080.28526870037.62432
APB RESOURCES BHDShort10/23/20080.78513200028.832938
AXIS INCORPORATION BHDShort10/23/20080.1586620025.582528
BINA PURI HOLDINGS BHDShort10/23/20080.8546800020.351719
COMPUGATES HOLDINGS BHDShort10/23/20080.105180280039.1589
JOTECH HOLDINGS BHDShort10/23/20080.04557040043.571218
KEIN HING INTERNATIONAL BHDShort10/23/20080.3411000034.472024
MISC BHDShort10/23/20088.236310021.122428
POLY TOWER VENTURES BHDShort10/23/20080.23523600021.491319
UEM BUILDERS BHDShort10/23/20081.3436800056.592850

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