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

Wednesday, October 8, 2008

Scan 8 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
TIME ENGINEERING BHDLong10/8/20080.15687260024.892416
AMFIRST REAL ESTATE INVESTMENTShort10/8/20080.8615312024.032530
DAYA MATERIALS BHDShort10/8/20080.33540000023.031834
DIGI.COM BHDShort10/8/200822.6116940024.552127
JOTECH HOLDINGS BHDShort10/8/20080.04546720060.741943
MALAYSIAN MERCHANT MARINE BHDShort10/8/20080.1331700030.572224
MENANG CORPORATION (M) BHDShort10/8/20080.2379800038.311317
MTD INFRAPERDANA BHDShort10/8/20080.7637140027.452628
NCB HOLDINGS BHDShort10/8/20082.8220770040.142730
PALETTE MULTIMEDIA BHDShort10/8/20080.0434510041.821215
THREE-A RESOURCES BHDShort10/8/20080.3519640020.582122

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