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 3, 2008

Scan 3 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EP MANUFACTURING BHDLong12/3/20080.2223020021.69118
NATURAL BIO RESOURCES BHDShort12/3/20080.2825390025.872426
SANICHI TECHNOLOGY BHDShort12/3/20080.09513040021.651525
YONG TAI BHDShort12/3/20080.2710450035.55721
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