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, December 21, 2009

Scan 21 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BANYAN TREE HOLDINGS LIMITEDLong12/21/20090.7511800022.392624
GIANT WIRELESS TECHNOLOGY LTDLong12/21/20090.01520100020.255735
ISDN HOLDINGS LIMITEDLong12/21/20090.18524800081.346329
JUKEN TECHNOLOGY LIMITEDLong12/21/20090.06530100030.756628
SKY CHINA PETROLEUM SVCS LTD.Long12/21/20090.18526400020.843632
UNIFIED COMMUNICATIONS HLDGLTDLong12/21/20090.0431800030.426929
CHINA FARM EQUIPMENT LIMITEDShort12/21/20090.2849200022.422529
CHINA ZAINO INTERNATIONAL LTDShort12/21/20090.22165000023.011920

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