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

Monday, April 6, 2009

Scan 6 Apr 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AXIS REAL ESTATE INVESTMENT TRULong4/6/20091.3610860022.544231
FORMIS RESOURCES BHDLong4/6/20090.7840420028.221815
JOTECH HOLDINGS BHDLong4/6/20090.0520260022.522117
NAIM CENDERA HOLDINGS BHDLong4/6/20091.2270910038.893024
TANJONG PUBLIC LIMITED COMPANYLong4/6/200914.121130021.692120
POLY TOWER VENTURES BHDShort4/6/20090.11527380029.681725

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