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, April 22, 2009

Scan 22 Apr 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASTRAL SUPREME BHDLong4/22/20090.445295270025.563529
CONNECTCOUNTY HOLDINGS BHDLong4/22/20090.0289000034.111912
MNC WIRELESS BHDLong4/22/20090.215354190077.6232
NEXTNATION COMMUNICATION BHDLong4/22/20090.0485510050.62415
PETRONAS GAS BHDLong4/22/20099.55117370024.312419
TMC LIFE SCIENCES BHDLong4/22/20090.425138700032.52921
BRITISH AMERICAN TOBACCO (M) BHShort4/22/20094517860127.092028
SUNCHIRIN INDUSTRIES (M) BHDShort4/22/20090.9711200054.162227
TDM BHDShort4/22/20091.6211490022.521516

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