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

Saturday, October 17, 2009

Scan 16 Oct 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AKN TECHNOLOGY BHDLong10/16/20090.145105520030.143018
COMPLETE LOGISTIC SERVICES BHDLong10/16/20090.60515500020.113224
GLOBAL CARRIERS BHDLong10/16/20090.245000026.113626
PATIMAS COMPUTERS BHDLong10/16/20090.095680390020.911311
PDZ HOLDINGS BHDLong10/16/20090.09931840026.963021
FOCUS DYNAMICS TECHNOLOGIES BHDShort10/16/20090.10544290020.292829
LION DIVERSIFIED HOLDINGS BHDShort10/16/20090.52266430021.932124

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