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, April 17, 2009

Scan 17 Apr 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AL-HADHARAH BOUSTEAD REITShort4/17/20091.0840860023.022930
COMPUGATES HOLDINGS BHDShort4/17/20090.141971430021.821722
GREEN PACKET BHDShort4/17/20090.865208960021.742426
LIEN HOE CORPORATION BHDShort4/17/20090.1524370023.191719

No comments: