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 3, 2009

Scan 3 Apr 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MULPHA INTERNATIONAL BHDLong4/3/20090.3053325480029.173025
PELIKAN INT.CORPORATION BHDLong4/3/20090.75188120030.53028
SAPURACREST PETROLEUM BHDLong4/3/20090.822458060023.033532
STARHILL REAL ESTATE INVESTMENTLong4/3/20090.7620170042.533934
TITAN CHEMICALS CORP. BHDLong4/3/20090.51876440028.93025
FOTRONICS CORPORATION BHDShort4/3/20090.01528560025.392024
GSB GROUP BHDShort4/3/20090.0345130024.392324

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