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 Singapore Market Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI.
3. 13 Period +DI crosses under -DI.
4. Volume trade > 100,000 shares

One important thing to note is I am using freely available stock price information for computing the ADX indicator. The price information is not adjusted for stock dividends and split.

Links
Singapore RSI Scanner
Singapore MACD Scanner
Singapore Trend Analysis
Singapore Trading System

Thursday, August 21, 2008

Scan 21 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CENTILLION ENV & RECYC LIMITEDLong21-Aug-080.025249500026.232917
GLOBAL TECH (HLDGS) LIMITEDLong21-Aug-080.00512000044.216732
HYFLUX LTDLong21-Aug-082.7568000028.623028
K1 VENTURES LIMITEDLong21-Aug-080.24683600026.063715
NEW WAVE HOLDINGS LTD.Long21-Aug-080.03514000037.795242
VASHION GROUP LTD.Long21-Aug-080.025142800020.643727
VGO CORPORATION LIMITEDLong21-Aug-080.0330000021.595542
IPC CORPORATION LIMITEDShort21-Aug-080.1127400021.682930

No comments: