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, July 28, 2009

Scan 28 July 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA YONGSHENG LIMITEDLong7/28/20090.0335000030.724531
ENPORIS GREENZ LIMITEDLong7/28/20090.03105700020.23326
PHARMESIS INTERNATIONAL LTD.Long7/28/20090.07521200031.185928
REYOUNG PHARM HOLDINGS LIMITEDLong7/28/20090.22118200035.25039
UNIFIED COMMUNICATIONS HLDGLTDLong7/28/20090.04543800022.768217
CDW HOLDING LIMITEDShort7/28/20090.05534300040.764052
GLOBAL TECH (HLDGS) LIMITEDShort7/28/20090.0120000022.864850
UNITED FIBER SYSTEM LIMITEDShort7/28/20090.0715580300823.881819
WILLAS-ARRAY ELEC (HLDGS) LTDShort7/28/20090.1212300038.382647

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