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, July 7, 2009

Scan 7 July 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVENTA BHDShort7/7/20091.0812730027.232346
ASTINO BHDShort7/7/20090.47516000020.243034
FOREMOST HOLDINGS BHDShort7/7/20090.43525200035.223234
MCM TECHNOLOGIES BHDShort7/7/20090.0921210024.932732
SATANG HOLDINGS BHDShort7/7/20090.375920041.972934

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