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

Thursday, November 12, 2009

Scan 12 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CMZ HOLDINGS LTD.Long11/12/20090.22207400028.044624
ECS HOLDINGS LIMITEDLong11/12/20090.46522500021.354332
FISCHER TECH LTDLong11/12/20090.131300023.127821
HG METAL MANUFACTURING LTDLong11/12/20090.12803400024.353026
HYFLUX WATER TRUSTLong11/12/20090.67570900027.162620
SAMUDERA SHIPPING LINE LTDLong11/12/20090.20524500033.282825
SIN GHEE HUAT CORPORATION LTD.Long11/12/20090.27563500036.74745
UNITED ENGINEERS LTD ORDLong11/12/20091.66170000024.582423
ZHONGGUO PENGJIE FABRICS LTDLong11/12/20090.15586200025.175224
CHINA ERATAT SPORTS FASHIONLTDShort11/12/20090.23852100024.982230
EUROPTRONIC GROUP LTDShort11/12/20090.0891000035.312324
VENTURE CORPORATION LIMITEDShort11/12/20098.9131100020.752132

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