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

Thursday, January 29, 2009

Scan 29 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BENEFUN INT HLDGS LTDLong29-Jan-090.01560000080.646040
CHINA LIFESTYLE F&B GROUP LTDLong29-Jan-090.0852135400028.23528
FUXING CHINA GROUP LIMITEDLong29-Jan-090.0617700023.63833
LONGCHEER HOLDINGS LIMITEDLong29-Jan-090.275121900023.822826
BEAUTY CHINA HOLDINGS LIMITEDShort29-Jan-090.4153400027.362425
GATES ELECTRONICS LIMITEDShort29-Jan-090.07535000047.523654
K1 VENTURES LIMITEDShort29-Jan-090.1423000021.81721

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