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, May 22, 2009

Scan 22 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
STARHILL REAL ESTATE INVESTMENTLong5/22/20090.7937720049.532319
AIROCOM TECHNOLOGY BHDShort5/22/20090.11515010027.042331
FOTRONICS CORPORATION BHDShort5/22/20090.03585400034.12527
MEMS TECHNOLOGY BHDShort5/22/20090.0839400030.32225
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