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

Friday, May 22, 2009

Scan 22 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MAGNUS ENERGY GROUP LTD.Long22-May-090.03266700028.22117
CHINA HONGCHENG HOLDINGS LTDShort22-May-090.0831800037.022529
HUAN HSIN HOLDINGS LTDShort22-May-090.2111600032.944547
JARDINE CYCLE & CARRIAGE LTDShort22-May-0915.1829300028.122425
NAM LEE PRESSED METAL INDS LTDShort22-May-090.22516600033.243239
R H ENERGY LTD.Short22-May-090.12525700020.743031
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)