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

Wednesday, December 10, 2008

Scan 10 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AMMB HOLDINGS BHDLong12/10/20082.3580480028.52825
GLOBETRONICS TECHNOLOGY BHDLong12/10/20080.14527400032.772725
HEXZA CORPORATION BHDShort12/10/20080.4813650028.981357
MALAYAN UNITED INDUSTRIES BHDShort12/10/20080.16511200021.131921
SYARIKAT TAKAFUL MALAYSIA BHDShort12/10/20081.4613280025.413437

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