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 25, 2008

Scan 25 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
NAIM INDAH CORPORATION BHDLong11/25/20080.0541970026.62823
NATURAL BIO RESOURCES BHDLong11/25/20080.3254360038.782926
PPB GROUP BHDLong11/25/20088.6517330021.553129
DNP HOLDINGS BHDShort11/25/20080.7510400022.682840
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