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, February 20, 2009

Scan 20 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
OVERSEAS UNION ENTERPRISE LTDLong20-Feb-0910.414600045.133628
C&G INDUSTRIAL HOLDINGS LTDShort20-Feb-090.08158100025.253637
CHINA YONGSHENG LIMITEDShort20-Feb-090.0190000036.922849
HONGGUO INTL HOLDINGS LIMITEDShort20-Feb-090.1614000022.022328
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