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 9, 2008

Scan 9 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASTRO ALL ASIA NETWORKS PLCLong12/9/20082.38118870026.73424
MALAYAN UNITED INDUSTRIES BHDLong12/9/20080.16525140022.472220
OCTAGON CONSOLIDATED BHDLong12/9/20080.7620580023.042622
SARAWAK ENERGY BERHADLong12/9/20082.2615570031.094325
TITAN CHEMICALS CORP. BHDLong12/9/20080.75523350020.043526

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