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, May 18, 2009

Scan 18 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA KUNDA TECH HOLDINGS LTDShort18-May-090.13510500035.552342
COSCO CORPORATION (S) LTDShort18-May-091.17461600033.152628
HLH GROUP LIMITEDShort18-May-090.025543000022.032934
HOTUNG INVESTMENT HLDGS LTDShort18-May-090.0963600021.692630
HYFLUX LTDShort18-May-091.7638900020.562122
KEPPEL LAND LIMITEDShort18-May-091.94771500036.793235
NOBLE GROUP LIMITEDShort18-May-091.441950600027.92832
PROGEN HOLDINGS LTDShort18-May-090.05528600020.123945
TELECHOICE INTERNATIONAL LTDShort18-May-090.238600027.493137
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