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

Friday, February 20, 2009

Scan 20 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INCH KENNETH KAJANG RUBBER PLCLong2/20/20090.21526400022.92218
BCT TECHNOLOGY BHDShort2/20/20090.04540360041.852125
BHS INDUSTRIES BHDShort2/20/20090.3662100021.251522
IRIS CORPORATION BHDShort2/20/20090.0832700035.752130
LAFARGE MALAYAN CEMENT BHDShort2/20/20093.828700023.123539
P.A. RESOURCES BHDShort2/20/20090.693720025.342832
PAN MALAYSIAN INDUSTRIES BHDShort2/20/20090.04553120032.912227
SUPERMAX CORPORATION BHDShort2/20/20090.975360022.523040

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