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

Wednesday, March 25, 2009

Scan 25 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SARAWAK ENERGY BERHADLong3/25/20091.7414600030.453428
TH PLANTATIONS BHDLong3/25/20091.4611200020.353836
INCH KENNETH KAJANG RUBBER PLCShort3/25/20090.16513400023.52028
PAN MALAYSIAN INDUSTRIES BHDShort3/25/20090.04576220021.852527
PELIKAN INT.CORPORATION BHDShort3/25/20090.74109400047.423031
SARAWAK CONCRETE INDUSTRIES BHDShort3/25/20090.2724500021.562324
SUPERLON HOLDINGS BHDShort3/25/20090.417000033.042028

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