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

Wednesday, February 18, 2009

Scan 18 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BERJAYA CORPORATION BHDShort2/18/20090.5142500023.751724
KOSSAN RUBBER INDUSTRIES BHDShort2/18/20093.0214430020.242930
KUALA LUMPUR KEPONG BHDShort2/18/20099.95233500034.43334
SKP RESOURCES BHDShort2/18/20090.0916100043.564057
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