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 17, 2008

Scan 17 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIATIC DEVELOPMENT BHDLong12/17/20083.4286430023.622922
BRITISH AMERICAN TOBACCO (M) BHLong12/17/20084526610020.23023
GPA HOLDINGS BHDLong12/17/20080.08546730024.333426
HOVID BHDLong12/17/20080.16521310021.442824
IGB CORPORATION BHDLong12/17/20081.32222410022.092823
MALAYSIAN AIRLINE SYSTEM BHDLong12/17/20082.7827360035.92924
UMW HOLDINGS BHDLong12/17/20085.371450049.283126
GSB GROUP BHDShort12/17/20080.0418010028.651925
JOTECH HOLDINGS BHDShort12/17/20080.04565420043.481827
PROGRESSIVE IMPACT CORPORATIONShort12/17/20080.471288860027.71920

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