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, January 12, 2009

Scan 12 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DUTECH HOLDINGS LIMITEDLong12-Jan-090.151200045.724328
NOVO GROUP LTD.Long12-Jan-090.15133500021.252920
CSC HOLDINGS LTDShort12-Jan-090.09569200023.682829
JAYA HOLDINGS LTDShort12-Jan-090.305166000025.842830
OAKWELL ENGINEERING LIMITEDShort12-Jan-090.0376000024.592076
SINGAPORE LAND LIMITEDShort12-Jan-093.513200023.112831
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