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, December 14, 2009

Scan 14 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HONG LEONG BANK BHDLong12/14/20098.285500023.092826
REXIT BHDLong12/14/20090.62555410020.672421
AXIS REAL ESTATE INVESTMENT TRUShort12/14/20091.9555790033.123033
HEVEABOARD BHDShort12/14/20090.633460036.822526
INSAS BHDShort12/14/20090.55104100021.592124
NEXTNATION COMMUNICATION BHDShort12/14/20090.05535010022.212425
PALETTE MULTIMEDIA BHDShort12/14/20090.0416210031.512934
STARHILL REAL ESTATE INVESTMENTShort12/14/20090.8620980020.152326
TALAM CORPORATION BHDShort12/14/20090.095776572321.481115
VERSATILE CREATIVE BHDShort12/14/20090.18536540034.191718

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