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 17, 2009

Scan 17 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HEVEABOARD BHDLong3/17/20090.12518200058.614532
NAIM INDAH CORPORATION BHDLong3/17/20090.0416610055.012419
DPS RESOURCES BHDShort3/17/20090.09531850045.071531
ECOFIRST CONSOLIDATED BHDShort3/17/20090.12535220035.981617
JT INTERNATIONAL BHDShort3/17/20094.1423770048.431862
MLABS SYSTEMS BHDShort3/17/20090.04523920021.93912
PAN MALAYSIA CAPITAL BHDShort3/17/20090.0823410036.721726
YTL CEMENT BHDShort3/17/20092.4542908421.413540

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