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

Monday, February 16, 2009

Scan 16 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AKN TECHNOLOGY BHDLong2/16/20090.1413380024.472621
SURIA CAPITAL HOLDINGS BHDLong2/16/20090.78511000021.492824
MEMS TECHNOLOGY BHDShort2/16/20090.07524600030.061316
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