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

Wednesday, August 19, 2009

Scan 19 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HONG LEONG BANK BHDLong8/19/20095.895920021.962625
PADIBERAS NASIONAL BHDLong8/19/20091.8914950023.293621
BHS INDUSTRIES BHDShort8/19/20090.77360080080.752126
COMINTEL CORPORATION BHDShort8/19/20090.389530024.812123
KARAMBUNAI CORP BHDShort8/19/20090.08420060023.211621
MISC BHDShort8/19/20098.860090031.111936
MMC CORPORATION BHDShort8/19/20092.371312490049.122628
MOBIF BHDShort8/19/20090.075214700033.421619
QSR BRANDS BHDShort8/19/20092.7312300020.142223
SPK-SENTOSA CORPORATION BHDShort8/19/20090.55510350027.432947
TANJONG PUBLIC LIMITED COMPANYShort8/19/200914.3259760035.422430
ZELAN BHDShort8/19/20090.905383930025.981820

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