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

Tuesday, May 26, 2009

Scan 26 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA HEALTHCARE LIMITEDLong26-May-090.1520300056.034840
ASIA WATER TECHNOLOGY LTD.Short26-May-090.075271800036.672144
CELESTIAL NUTRIFOODS LIMITEDShort26-May-090.197169800041.023031
CHINA TAISAN TECH GRP HLDGSLTDShort26-May-090.125309300020.062729
UOB-KAY HIAN HOLDINGS LIMITEDShort26-May-091.389600032.142628
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