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, December 1, 2009

Scan 1 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ABTERRA LTDLong12/1/20090.04609300022.812120
ANWELL TECHNOLOGIES LIMITEDLong12/1/20090.6363700028.322624
CHINA ESSENCE GROUP LTD.Long12/1/20090.2770500025.313327
KING WAN CORPORATION LIMITEDLong12/1/20090.12532500025.844439
SHANGHAI ASIA HOLDINGS LIMITEDLong12/1/20090.14550000039.143428
SING HOLDINGS LIMITEDLong12/1/20090.28545200021.422624
STI ETFLong12/1/20092.8214900025.632928
TELECHOICE INTERNATIONAL LTDLong12/1/20090.22526600033.884529
ASTI HOLDINGS LIMITEDShort12/1/20090.07569700026.672836
CHANGTIAN PLASTIC & CHEM LTDShort12/1/20090.17135200022.112228
IPCO INT'L LIMITEDShort12/1/20090.01535500033.221634

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