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

Friday, October 24, 2008

Scan 24 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COMPUGATES HOLDINGS BHDLong10/24/20080.115806600037.37118
HYTEX INTEGRATED BHDLong10/24/20080.26511980021.022217
MUI PROPERTIES BHDLong10/24/20080.10512230023.786715
FORMIS RESOURCES BHDShort10/24/20080.8134870031.152124
FURQAN BUSINESS ORGANISATION BHShort10/24/20080.045204300021.31629
HOCK SENG LEE BHDShort10/24/20080.5119750033.332526
KUMPULAN FIMA BHDShort10/24/20080.3715500022.273539
MAJUPERAK HOLDINGS BHDShort10/24/20080.1638910026.69811
METACORP BHDShort10/24/20080.4873900040.032126

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