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 9, 2009

Scan 9 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HARTAWAN HLDGS LTDLong9-Mar-090.03510500023.974032
IPC CORPORATION LIMITEDLong9-Mar-090.0828000025.014232
ULTRO TECHNOLOGIES LIMITEDLong9-Mar-090.0325000028.773432
ACTION ASIA LIMITEDShort9-Mar-090.0627000038.172743
CENTRALAND LIMITEDShort9-Mar-090.4369500035.430100
CHARTERED SEMICONDUCTOR MFGLTDShort9-Mar-090.2051729700023.931832
COURAGE MARINE GROUP LIMITEDShort9-Mar-090.12529400025.433640
HLH GROUP LIMITEDShort9-Mar-090.0120000029.143365
QIAN HU CORPORATION LIMITEDShort9-Mar-090.0814000020.084043

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