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, June 10, 2009

Scan 10 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BIOSENSORS INT'L GROUP LTD.Long10-Jun-090.5253416600032.792322
CHINA FIBRETECH LTD.Long10-Jun-090.1666700021.782827
FRASER AND NEAVE LIMITEDLong10-Jun-093.9308000041.972823
NEW LAKESIDE HOLDINGS LIMITEDLong10-Jun-090.04511000030.415538
STARHUB LTDLong10-Jun-092.13302100021.792019
SWISSCO INTERNATIONAL LIMITEDLong10-Jun-090.635123400032.232621
WESTCOMB FINANCIAL GROUP LTDLong10-Jun-090.1612400022.615441
EUROPTRONIC GROUP LTDShort10-Jun-090.035140500030.313343
JETS TECHNICS INTL HLDGS LTDShort10-Jun-090.01550000025.674849
SUNVIC CHEMICAL HOLDINGS LTDShort10-Jun-090.16569300020.632023

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