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

Tuesday, January 20, 2009

Scan 20 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINASING INVESTMENT HLDG LTDLong20-Jan-090.0124400030.674439
DUTECH HOLDINGS LIMITEDLong20-Jan-090.07526600034.434835
PNE MICRON HOLDINGS LTDLong20-Jan-090.03527000085.49477
SAPPHIRE CORPORATION LIMITEDLong20-Jan-090.01155000022.043623
SUNWAY INTL HLDGS LTDLong20-Jan-090.02525000039.954839
ASCOTT RESIDENCE TRUSTShort20-Jan-090.5375100024.422530
ASIAN MICRO HOLDINGS LTDShort20-Jan-090.0260700030.212573
CHINA XLX FERTILISER LTD.Short20-Jan-090.355325700025.532528
K1 VENTURES LIMITEDShort20-Jan-090.13516100025.341421
REYPHON AGRICEUTICAL LIMITEDShort20-Jan-090.02580600020.933152
SINO TECHFIBRE LIMITEDShort20-Jan-090.1895800021.522627
SINOMEM TECHNOLOGY LIMITEDShort20-Jan-090.12561200020.312325
SYNEAR FOOD HOLDINGS LIMITEDShort20-Jan-090.282939800022.172729

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