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, December 15, 2008

Scan 15 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
JAKS RESOURCES BERHADLong12/15/20080.41212500022.12624
KUMPULAN PERANGSANG SELANGOR BHLong12/15/20081.45138630020.42922
MALAYSIAN BULK CARRIERS BHDLong12/15/20082.326220024.933124
SUNWAY CITY BHDLong12/15/20081.6830290034.553526
WCT ENGINEERING BHDLong12/15/20081.68135360020.642823
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