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

Saturday, April 25, 2009

Scan 24 Apr 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCE INFORMATION MARKETING BLong4/24/20090.0921990024.983431
C.I. HOLDINGS BHDLong4/24/20091.0611740037.552418
INS BIOSCIENCE BHDLong4/24/20090.1527760023.612619
LIEN HOE CORPORATION BHDLong4/24/20090.16583920020.582619
MY E.G. SERVICES BHDLong4/24/20090.4247740023.152915
SUNWAY INFRASTRUCTURE BHDLong4/24/20090.245206510020.75248
THREE-A RESOURCES BHDLong4/24/20090.3548760028.33324
ASTRAL SUPREME BHDShort4/24/20090.3575520022.662628
BATU KAWAN BHDShort4/24/20098.2560200027.532425

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