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 23, 2009

Scan 23 Apr 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA AUTO CORPORATION LTD.Long23-Apr-090.02574700031.054038
JARDINE STRATEGIC HLDGS LTDLong23-Apr-0910.9439350025.512927
ADAMPAK LIMITEDShort23-Apr-090.1526500030.24149
CAPITAMALL TRUSTShort23-Apr-091.22703200022.961719
EU YAN SANG INTERNATIONAL LTDShort23-Apr-090.2645400022.742948
FOOD JUNCTION HOLDINGS LIMITEDShort23-Apr-090.1618700021.453738
FUXING CHINA GROUP LIMITEDShort23-Apr-090.06103600020.573436
LION ASIAPAC LTDShort23-Apr-090.1412000030.183845
MOBILEONE LTDShort23-Apr-091.56248700026.422425
PACIFIC CENTURY REGIONAL DEVTSShort23-Apr-090.1760000025.022840
STRACO CORPORATION LIMITEDShort23-Apr-090.085170500054.944654
TELEDATA (SINGAPORE) LTDShort23-Apr-090.0117600031.714043
VALUETRONICS HOLDINGS LIMITEDShort23-Apr-090.075126300025.283957

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