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, September 7, 2009

Scan 7 Sep 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BURSA MALAYSIA BHDLong9/7/20097.94106500024.343227
EVERGREEN FIBREBOARD BHDLong9/7/20090.87124560020.034023
FAJAR BARU CAPITAL BHDLong9/7/20091.24127050030.393226
GLOBAL SOFT (MSC) BHDLong9/7/20090.08165930042.354319
GPA HOLDINGS BHDLong9/7/20090.09518690023.071410
MALAYSIAN RESOURCES CORPORATIONLong9/7/20091.361254750022.62823
PRICEWORTH WOOD PRODUCTS BHDLong9/7/20090.6395200020.692625
RAMUNIA HOLDINGS BHDLong9/7/20090.515396730025.272421
TEBRAU TEGUH BHDLong9/7/20090.765588820026.682724
IJM PLANTATIONS BHDShort9/7/20092.8218950024.272527
WELLCALL HOLDINGS BHDShort9/7/20091.1912090024.732630
YTL POWER INTERNATIONAL BHDShort9/7/20092.13913970025.512325

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