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

Friday, December 26, 2008

Scan 26 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
JOTECH HOLDINGS BHDLong12/26/20080.04544900031.072622
AHMAD ZAKI RESOURCES BHDShort12/26/20080.4711050021.592224
EON CAPITAL BHDShort12/26/20083.1622240035.363031
STAR PUBLICATIONS (M) BHDShort12/26/20083.220880029.333539
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