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, April 22, 2008

Scan 22 Apr 08

ADX Scan based on closing price on 22 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA ENERGY LIMITEDLong22-Apr-080.599914600023.693023
COSCO CORPORATION (S) LTDLong22-Apr-083.43640900025.253331
JETS TECHNICS INTL HLDGS LTDLong22-Apr-080.02517500038.65240
DATACRAFT ASIA LTDShort22-Apr-080.94175500036.022627
HI-P INTERNATIONAL LIMITEDShort22-Apr-080.52519700021.722024
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)