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

Friday, January 16, 2009

Scan 16 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BAN JOO & COMPANY LIMITEDLong16-Jan-090.022714400034.832623
CHINA NEW TOWN DEVT CO LIMITEDLong16-Jan-090.04595200026.052218
K1 VENTURES LIMITEDLong16-Jan-090.14534100027.681715
WEE HUR HOLDINGS LTD.Long16-Jan-090.21110000034.263836
ABTERRA LTDShort16-Jan-090.01520000036.853336
NERATELECOMMUNICATIONS LTDShort16-Jan-090.19512000022.23639
NOVO GROUP LTD.Short16-Jan-090.115160400020.672336
PROGEN HOLDINGS LTDShort16-Jan-090.04519900044.991448
SAPPHIRE CORPORATION LIMITEDShort16-Jan-090.00570000022.882228
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