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, March 3, 2009

Scan 3 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SAN TEH LIMITEDLong3-Mar-090.331600023.144932
TT INTERNATIONAL LIMITEDLong3-Mar-090.02574900020.642925
BEAUTY CHINA HOLDINGS LIMITEDShort3-Mar-090.11625900021.861575
BENEFUN INT HLDGS LTDShort3-Mar-090.0120000033.692674
MEMSTAR TECHNOLOGY LTD.Short3-Mar-090.0221000023.62837
SANTAK HOLDINGS LIMITEDShort3-Mar-090.11512900046.063038
SILVERLAKE AXIS LTDShort3-Mar-090.1213700024.92830
YAAN SECURITY TECHNOLOGY LTDShort3-Mar-090.2110500091.87951

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