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

Tuesday, June 2, 2009

Scan 1 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCE SYNERGY BHDLong6/1/20090.16911750035.13619
EASTERN & ORIENTAL BHDLong6/1/20090.7951330650030.052927
HEVEABOARD BHDLong6/1/20090.2131760032.52524
HONG LEONG BANK BHDLong6/1/20095.6549850024.852522
HOVID BHDLong6/1/20090.21547630024.032221
CONNECTCOUNTY HOLDINGS BHDShort6/1/20090.0248800021.943133
GULA PERAK BHDShort6/1/20090.07137250023.882023
KEN HOLDINGS BHDShort6/1/20090.811110032.462642
LIMAHSOON BHDShort6/1/20090.05511000032.922030

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