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, March 10, 2009

Scan 10 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EVERMASTER GROUP BHDLong3/10/20090.0622500020.611817
STAR PUBLICATIONS (M) BHDLong3/10/20093.176310031.883224
AXIS INCORPORATION BHDShort3/10/20090.1156300022.452425
AXIS REAL ESTATE INVESTMENT TRUShort3/10/20091.2818350026.012062
BANDAR RAYA DEVELOPMENTS BHDShort3/10/20090.9961530021.92021
FLONIC HI-TEC BHDShort3/10/20090.03521310045.692124
HONG LEONG FINANCIAL GROUP BHDShort3/10/20094.4216640022.012127
IRIS CORPORATION BHDShort3/10/20090.07569900056.061218
KARAMBUNAI CORP BHDShort3/10/20090.0555600059.722040
NOVA MSC BHDShort3/10/20090.04520210075.594251
SAPURACREST PETROLEUM BHDShort3/10/20090.6976440026.932252
SKP RESOURCES BHDShort3/10/20090.08514000048.382276

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