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

Monday, October 19, 2009

Scan 19 Oct 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KING WAN CORPORATION LIMITEDLong10/19/20090.1222000026.944645
KINGSMEN CREATIVES LTDLong10/19/20090.6428600022.32726
KOON HOLDINGS LIMITEDLong10/19/20090.3614000022.693329
ONIONTECH LIMITEDLong10/19/20090.0513900058.875332
RAFFLES EDUCATION CORP LIMITEDLong10/19/20090.523447300024.142622
SP CORPORATION LIMITEDLong10/19/20090.0620000027.26436
BUKIT SEMBAWANG ESTATES LTDShort10/19/20094.8422100028.573034
HL GLOBAL ENTERPRISES LIMITEDShort10/19/20090.11582000021.333033
MEMTECH INTERNATIONAL LTDShort10/19/20090.113000024.542936

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