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, June 9, 2009

Scan 9 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCED HOLDINGS LTD.Short9-Jun-090.17596600040.672830
ASIAMEDIC LIMITEDShort9-Jun-090.0711500028.63132
FRASER AND NEAVE LIMITEDShort9-Jun-093.64500200044.642526
INTERNATIONAL PRESS SOFTCOMShort9-Jun-090.0721000023.963554
LONGCHEER HOLDINGS LIMITEDShort9-Jun-090.36254400026.552225
STARHUB LTDShort9-Jun-092.08309200023.361920
TAT HONG HOLDINGS LTDShort9-Jun-090.99123300030.922122

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