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

Friday, September 25, 2009

Scan 24 Sep 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADROIT INNOVATIONS LIMITEDLong9/24/20090.025184300020.13626
MOBILEONE LTDLong9/24/20091.84180500022.062622
NAM LEE PRESSED METAL INDS LTDLong9/24/20090.3250100020.884124
QAF LTDLong9/24/20090.46510100021.513029
SAIZEN REAL ESTATE INV TRUSTLong9/24/20090.155379000024.31916
SUNSHINE HOLDINGS LIMITEDLong9/24/20090.051978600021.916019
CHINA KUNDA TECH HOLDINGS LTDShort9/24/20090.235174200027.313334
WESTECH ELECTRONICS LIMITEDShort9/24/20090.03529000037.623558

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