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, November 12, 2008

Scan 12 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PAN MALAYSIA CORPORATION BHDLong11/12/20080.14599330025.983225
DRB-HICOM BHDShort11/12/20080.8418340023.332829
GAMUDA BHDShort11/12/20081.85853210036.452425
TANJUNG OFFSHORE BHDShort11/12/20081.1715160023.072730
UCHI TECHNOLOGIES BHDShort11/12/20080.96534500028.472728
ZELAN BHDShort11/12/20081.113701170028.762529

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