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

Friday, December 12, 2008

Scan 12 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AIROCOM TECHNOLOGY BHDShort12/12/20080.0413200030.51829
ASIAEP BHDShort12/12/20080.0611110020.572126
BRITISH AMERICAN TOBACCO (M) BHShort12/12/200842.2526270023.232231
DENKO INDUSTRIAL CORPORATION BHShort12/12/20080.09511420020.752941
HI-CITY BIOSCIENCE GROUP BHDShort12/12/20080.29226090057.442930
PECD BHDShort12/12/20080.0344500022.042830
WCT ENGINEERING BHDShort12/12/20081.59100150021.532426

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