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

Monday, July 6, 2009

Scan 6 July 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PRICEWORTH WOOD PRODUCTS BHDLong7/6/20090.71516540026.022220
SCOMI ENGINEERING BHDLong7/6/20091.111360025.012423
ASIATIC DEVELOPMENT BHDShort7/6/20095.512440020.122126
DATAPREP HOLDINGS BHDShort7/6/20090.345214360022.452324
GADANG HOLDINGS BHDShort7/6/20090.6438500023.322627
LINGKARAN TRANS KOTA HOLDINGS BShort7/6/20092.411060032.452829
MAXBIZ CORPORATION BHDShort7/6/20090.0739500030.032531

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