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, July 17, 2009

Scan 17 July 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACOUSTECH BHDLong7/17/20090.7715810027.484333
M-MODE BHDLong7/17/20090.105858240026.864621
ADVANCED SYNERGY BHD-ICULSShort7/17/20090.0737620023.532736
KNM GROUP BHDShort7/17/20090.82512296249629.853031
SAAG CONSOLIDATED (M) BHDShort7/17/20090.2851941350031.552630

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