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 31, 2008

Scan 30 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CME GROUP BHDLong12/30/20080.065276400022.153227
HONG LEONG BANK BHDLong12/30/20085.1510310027.732019
MALAYSIAN PLANTATIONS BHDLong12/30/20081.8372200030.12120
STAR PUBLICATIONS (M) BHDLong12/30/20083.2215440027.153837
TELEKOM MALAYSIA BHDLong12/30/20083.12340310024.511918
AL-HADHARAH BOUSTEAD REITShort12/30/2008112350027.671571
AXIS REAL ESTATE INVESTMENT TRUShort12/30/20081.1316300022.351074

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