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

Friday, November 21, 2008

Scan 21 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ANWELL TECHNOLOGIES LIMITEDLong21-Nov-080.02540000021.53121
SC GLOBAL DEVELOPMENTS LTDLong21-Nov-080.5432500021.533528
SKY CHINA PETROLEUM SVCS LTD.Long21-Nov-080.08541200028.063431
CREATIVE TECHNOLOGY LTDShort21-Nov-083.723640024.652030
SP AUSNETShort21-Nov-081.0814400021.673136
SWING MEDIA TECHNOLOGY GRP LTDShort21-Nov-080.04554500023.112934
WHEELOCK PROPERTIES (S) LTDShort21-Nov-080.8933400028.93132

No comments: