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, February 26, 2009

Scan 26 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AGVA CORPORATION LIMITEDLong26-Feb-090.06518000030.793129
KARIN TECHNOLOGY HLDGS LIMITEDLong26-Feb-090.135309000275432
KLW HOLDINGS LTDLong26-Feb-090.03511000051.235413
MEMSTAR TECHNOLOGY LTD.Long26-Feb-090.03346000022.225023
ROTARY ENGINEERING LIMITEDLong26-Feb-090.255399400029.73725
SILVERLAKE AXIS LTDLong26-Feb-090.125101200029.323328
EASTERN ASIA TECHNOLOGY LTDShort26-Feb-090.0320800025.593659
SINGXPRESS LTD.Short26-Feb-090.0117200093.52394
SP CORPORATION LIMITEDShort26-Feb-090.0311200078.77892
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