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, February 3, 2009

Scan 3 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ENCORP BHDLong2/3/20090.717000036.561916
SUNWAY CITY BHDLong2/3/20091.816310028.293727
AL-HADHARAH BOUSTEAD REITShort2/3/20091.0913040027.291768
AXIS REAL ESTATE INVESTMENT TRUShort2/3/20091.3732020021.281564
EON CAPITAL BHDShort2/3/20093.4428760023.93033
IRIS CORPORATION BHDShort2/3/20090.08573900049.211628
NOVA MSC BHDShort2/3/20090.04511850054.742244
SAPURACREST PETROLEUM BHDShort2/3/20090.74545520026.622350

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