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

Monday, November 24, 2008

Scan 24 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SWEE JOO BHDLong11/24/20080.6113600029.762523
MNRB HOLDINGS BHDShort11/24/20082.8222270027.042348
POLY GLASS FIBRE (M) BHDShort11/24/20080.38517000020.743839
SOLUTION ENGINEERING HOLDINGS BShort11/24/20080.1813010028.341621
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