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

Tuesday, May 12, 2009

Scan 12 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AIROCOM TECHNOLOGY BHDLong5/12/20090.0947170023.032816
FRASER & NEAVE HOLDINGS BHDShort5/12/20098.8513430020.732527
MALAYSIAN BULK CARRIERS BHDShort5/12/20093.1640710022.443032
MAMEE-DOUBLE DECKER (M) BHDShort5/12/20092.2815590042.092425
PUNCAK NIAGA HOLDINGS BHDShort5/12/20092.7764250026.911823
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