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

Monday, October 6, 2008

Scan 6 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AXIS INCORPORATION BHDLong10/6/20080.19895140059.963532
HAI-O ENTERPRISE BHDLong10/6/20083.46329600352524
K & N KENANGA HOLDINGS BHDLong10/6/20080.55514110020.324120
SYMPHONY HOUSE BHDLong10/6/20080.24511550026.42120
EKRAN BHDShort10/6/20080.13528600022.242427
OSK PROPERTY HOLDINGS BHDShort10/6/20080.4412930040.022021

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