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, December 11, 2008

Scan 11 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ECOFIRST CONSOLIDATED BHDLong12/11/20080.1451660021.382112
FARLIM GROUP (M) BHDLong12/11/20080.25510960029.47118
HONG LEONG FINANCIAL GROUP BHDLong12/11/20083.9631030020.22620
KURNIA ASIA BHDLong12/11/20080.25388960031.723724
MEMS TECHNOLOGY BHDLong12/11/20080.0618550022.061514
MUHIBBAH ENGINEERING (M) BHDLong12/11/20080.905229960020.092726
POS MALAYSIA & SERVICES HOLDINGLong12/11/20081.96105660021.653229
SAPURACREST PETROLEUM BHDLong12/11/20080.765500280020.322724
STAR PUBLICATIONS (M) BHDLong12/11/20083.122470033.643930
WCT ENGINEERING BHDLong12/11/20081.59297090022.992726
GPA HOLDINGS BHDShort12/11/20080.0819500028.62735

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