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, April 16, 2009

Scan 16 Apr 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA AUTO CORPORATION LTD.Long16-Apr-090.03279400043.163736
DRAGON GROUP INTL LIMITEDLong16-Apr-090.0418400026.136535
HUP SOON GLOBAL CORP LTDLong16-Apr-090.0711000029.985142
JETS TECHNICS INTL HLDGS LTDLong16-Apr-090.015156000039.053721
OCEAN INT'L HOLDINGS LIMITEDLong16-Apr-090.0112000080.686634
OSSIA INTERNATIONAL LTDLong16-Apr-090.10568800026.594839
PLASTOFORM HOLDINGS LIMITEDLong16-Apr-090.03130000023.118020
SCORPIO EAST HOLDINGS LTD.Long16-Apr-090.1310400057.343931
SOON LIAN HOLDINGS LIMITEDLong16-Apr-090.117000095.387326
BENEFUN INT HLDGS LTDShort16-Apr-090.01574000029.174555
KLW HOLDINGS LTDShort16-Apr-090.025420100049.552130
STRACO CORPORATION LIMITEDShort16-Apr-090.0814000069.123763

No comments: