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

Monday, March 16, 2009

Scan 16 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIAN MICRO HOLDINGS LTDLong16-Mar-090.02106000347128
BBR HOLDINGS (S) LTDLong16-Mar-090.0415000032.394847
DAYEN ENVIRONMENTAL LIMITEDLong16-Mar-090.0411200030.054946
EZRA HOLDINGS LIMITEDLong16-Mar-090.565522700030.382926
LYXOR ETF MSCI ASIA APEX 50 10Long16-Mar-092.3415000043.147426
METRO HOLDINGS LIMITEDLong16-Mar-090.2411300040.123832
SINGAPORE EXCHANGE LIMITEDLong16-Mar-094.761039500035.392723
VENTURE CORPORATION LIMITEDLong16-Mar-094.77231800022.464324
Z-OBEE HOLDINGS LIMITEDLong16-Mar-090.0320000026.776225
CENTILLION ENV & RECYC LIMITEDShort16-Mar-090.0125000044.392934
TEE INTERNATIONAL LIMITEDShort16-Mar-090.1521000030.351581

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