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

Thursday, November 20, 2008

Scan 20 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COMPUGATES HOLDINGS BHDLong11/20/20080.13222000046.471716
SYARIKAT TAKAFUL MALAYSIA BHDLong11/20/20081.4712600025.472725
ASIAN PAC HOLDINGS BHDShort11/20/20080.07521160025.251518
CAROTECH BHDShort11/20/20080.23542860025.822223
DAMANSARA REALTY BHDShort11/20/20080.12237000024.541920
EASTERN PACIFIC INDUSTRIAL CORPShort11/20/20080.9410600025.062831
KUB MALAYSIA BHDShort11/20/20080.255197160025.252426
MUHIBBAH ENGINEERING (M) BHDShort11/20/20080.9576860034.772728
PUNCAK NIAGA HOLDINGS BHDShort11/20/20082.323100025.023036
RANHILL BHDShort11/20/20080.625142040024.182526
SCOMI GROUP BHDShort11/20/20080.37921800025.282830
SUNWAY HOLDINGS INCORPORATED BHShort11/20/20080.70544400024.212831

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