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

Thursday, May 14, 2009

Scan 14 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AIRASIA BHDShort5/14/20091.15222460021.192025
APB RESOURCES BHDShort5/14/20090.9111000034.632829
EVERMASTER GROUP BHDShort5/14/20090.0651229840054.432429
MTOUCHE TECHNOLOGY BHDShort5/14/20090.3211000029.752021

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