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

Saturday, June 13, 2009

Scan 12 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AUTOAIR HOLDINGS BHDLong6/12/20090.310720037.014633
JPK HOLDINGS BHDLong6/12/20090.08580510033.163318
M3NERGY BHDLong6/12/20091.6522230025.763016
PMB TECHNOLOGY BHDLong6/12/20090.5310780021.774529
SUNWAY INFRASTRUCTURE BHDLong6/12/20090.29523160021.132725
TAKASO RESOURCES BHDLong6/12/20090.3812800065.441816
PARAMOUNT CORPORATION BHDShort6/12/20092.2212180020.922938

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