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, November 14, 2008

Scan 14 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DPS RESOURCES BHDLong11/14/20080.1651661850041.382422
FAJAR BARU CAPITAL BHDLong11/14/20080.5285130028.471716
GAMUDA BHDLong11/14/20081.76655910031.362423
HOVID BHDLong11/14/20080.267920027.743331
LION DIVERSIFIED HOLDINGS BHDLong11/14/20080.38772710034.252221
UCHI TECHNOLOGIES BHDLong11/14/20080.9615770024.562726
DIALOG GROUP BHDShort11/14/20080.88526900020.512630
FTEC RESOURCES BHDShort11/14/20080.0544000029.892732
WCT ENGINEERING BHDShort11/14/20081.71453490034.282628

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