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, December 16, 2008

Scan 16 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOMAC BHDLong12/16/20080.4916680020.293533
NTPM HOLDINGS BHDLong12/16/20080.4832620025.253329
PROGRESSIVE IMPACT CORPORATIONLong12/16/20080.465856070029.762019
ASTRO ALL ASIA NETWORKS PLCShort12/16/20082.2228670022.722730
FAJAR BARU CAPITAL BHDShort12/16/20080.50523120027.782023

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