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, August 24, 2009

Scan 24 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DREAMGATE CORPORATION BHDLong8/24/20090.19760360023.12221
ECOFIRST CONSOLIDATED BHDLong8/24/20090.09536800038.313220
KIAN JOO CAN FACTORY BHDLong8/24/20091.2136680022.322922
ORNASTEEL HOLDINGS BHDLong8/24/20091.0659840028.722923
SP SETIA BHDLong8/24/20094.6155850023.653123
SURIA CAPITAL HOLDINGS BHDLong8/24/20091.2622820026.072521
UTUSAN MELAYU (M) BHDLong8/24/20090.9216980042.142825
ISS CONSULTING SOLUTIONS BHDShort8/24/20090.07538400026.592536
PDZ HOLDINGS BHDShort8/24/20090.09143600049.632550
PREMIUM NUTRIENTS BHDShort8/24/20090.24564480046.011517
RUBBEREX CORPORATION (M) BHDShort8/24/20091.6731140021.422021

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