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

Thursday, July 30, 2009

Scan 29 July 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DAMANSARA REALTY BHDLong7/29/20090.725797450022.11798
JT INTERNATIONAL BHDLong7/29/20094.4430250020.143428
KOSSAN RUBBER INDUSTRIES BHDLong7/29/20093.66193480031.763129
NEXTNATION COMMUNICATION BHDLong7/29/20090.045172000252316
ASTRO ALL ASIA NETWORKS PLCShort7/29/20093.46344680028.362224
ECOFIRST CONSOLIDATED BHDShort7/29/20090.1153460024.981620

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