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

Wednesday, April 22, 2009

Scan 22 Apr 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HONGKONG LAND HOLDINGS LIMITEDLong22-Apr-092.4515800022.322422
MOBILEONE LTDLong22-Apr-091.56102200028.462622
VIBROPOWER CORPORATION LIMITEDLong22-Apr-090.045100100029.094034
CHINA SUNSINE CHEM HLDGS LTD.Short22-Apr-090.1625500022.863233
HLH GROUP LIMITEDShort22-Apr-090.0250500030.952943
INFORMATICS EDUCATION LTD.Short22-Apr-090.02568100022.822729
INTERNET TECHNOLOGY GRP LTDShort22-Apr-090.0321000026.532231
K1 VENTURES LIMITEDShort22-Apr-090.125265800032.052026
KINERGY LTD.Short22-Apr-090.08542500024.483163
SYNEAR FOOD HOLDINGS LIMITEDShort22-Apr-090.222286000026.052124

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