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

Wednesday, May 27, 2009

Scan 27 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FOTRONICS CORPORATION BHDLong5/27/20090.03530080028.012722
C.I. HOLDINGS BHDShort5/27/20091.0817530044.152431
FARLIM GROUP (M) BHDShort5/27/20090.2914580020.741923
FITTERS DIVERSIFIED BHDShort5/27/20090.4829670029.762021
I-POWER BHDShort5/27/20090.165478780022.312225
TELEKOM MALAYSIA BHDShort5/27/20092.783300730044.51356
TOP GLOVE CORPORATION BHDShort5/27/20095.830790033.312426

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