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, September 15, 2009

Scan 15 Sep 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
OTTO MARINE LIMITEDLong9/15/20090.35177800025.544033
SINO-ENVIRONMENT TECH GRP LTDLong9/15/20090.1251485100023.462519
GRP LTDShort9/15/20090.1711000029.753145
KINGSMEN CREATIVES LTDShort9/15/20090.6543000035.552432
MAGNUS ENERGY GROUP LTD.Short9/15/20090.0340000022.992029

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