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

Thursday, October 30, 2008

Scan 30 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ENGTEX GROUP BHDLong10/30/20080.820920023.212221
LANDMARKS BHDLong10/30/20080.94529870036.633625
MEDA INC. BHDLong10/30/20080.09131420035.82019
NOVA MSC BHDLong10/30/20080.0459620061.693220
PECD BHDLong10/30/20080.0214300022.243227
EQUATOR LIFE SCIENCE BHDShort10/30/20080.0368590022.771517

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