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 6, 2009

Scan 6 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DATAPULSE TECHNOLOGY LIMITEDLong6-Jan-090.1521000024.455337
EMS ENERGY LIMITEDLong6-Jan-090.0429200020.595742
FIBRECHEM TECHNOLOGIES LIMITEDLong6-Jan-090.245264100020.042423
MIRACH ENERGY LIMITEDLong6-Jan-090.0317500028.025038
SILVERLAKE AXIS LTDLong6-Jan-090.091423500027.413632
SUN EAST GROUP LIMITEDLong6-Jan-090.0230000028.394339
ADV INTEGRATED MFG CORP LTDShort6-Jan-090.0535700038.743449
E3 HOLDINGS LTD.Short6-Jan-090.01859000025.963749
MACQUARIE INT'L INFRA FUND LTDShort6-Jan-090.305701200025.761920

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