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

Saturday, July 25, 2009

Scan 24 July 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASPIAL CORPORATION LIMITEDLong7/24/20090.29510300042.454335
CDW HOLDING LIMITEDLong7/24/20090.0611000042.255129
CHINA BEARING (SINGAPORE) LTD.Long7/24/20090.08215000425336
HONGWEI TECHNOLOGIES LIMITEDLong7/24/20090.15513700024.675538
KING WAN CORPORATION LIMITEDLong7/24/20090.10513000036.534943
LEE KIM TAH HLDGS LIMITEDLong7/24/20090.43511800036.314544
LUZHOU BIO-CHEM TECHNOLOGY LTDLong7/24/20090.117400020.163937
MACARTHURCOOK PROP SEC FUNDLong7/24/20090.1527600022.934536
SINGXPRESS LTD.Long7/24/20090.015100400023.084746
STAMFORD TYRES CORPORATIONLTDLong7/24/20090.19552900028.633022
THE LEXICON GROUP LIMITEDShort7/24/20090.0231200021.622840

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