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

Wednesday, November 11, 2009

Scan 11 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOBAL TESTING CORPORATION LTDLong11/11/20090.09527900021.633332
GP INDUSTRIES LIMITEDLong11/11/20090.35526500020.084521
HTL INT'L HOLDINGS LIMITEDLong11/11/20090.4549700021.512624
JARDINE CYCLE & CARRIAGE LTDLong11/11/20092421800026.773230
SINOBEST TECHNOLOGY HLDGS LTD.Long11/11/20090.124700038.214835
SP CORPORATION LIMITEDLong11/11/20090.0665600021.375149
STRAITS ASIA RESOURCES LIMITEDLong11/11/20092.022455800021.682625
CHINA INFRASTRUCTURE HLDGS LTDShort11/11/20090.0617500020.353748

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)