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

Thursday, January 29, 2009

Scan 29 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AXIS REAL ESTATE INVESTMENT TRULong1/29/20091.4219150035.463633
BUMIPUTRA-COMMERCE HOLDINGS BHDLong1/29/20096.3246460021.32523
GPA HOLDINGS BHDLong1/29/20090.08551210032.143831
SP SETIA BHDLong1/29/20093.385110024.212623

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