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

Tuesday, November 18, 2008

Scan 18 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BERTAM ALLIANCE BHDShort11/18/20080.22539000020.372224
COMPUGATES HOLDINGS BHDShort11/18/20080.125221660053.431518
DPS RESOURCES BHDShort11/18/20080.14544070036.722326
EVERGREEN FIBREBOARD BHDShort11/18/20080.6152510041.113135
MALAYSIA BUILDING SOCIETY BHDShort11/18/20080.8796850030.92729
NAIM INDAH CORPORATION BHDShort11/18/20080.05105020031.752332
SAAG CONSOLIDATED (M) BHDShort11/18/20080.2151224290029.522326
YTL E-SOLUTIONS BHDShort11/18/20080.30510710025.33233

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