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, February 12, 2009

Scan 12 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CACOLA FURNITURE INTL LIMITEDLong12-Feb-090.07531100026.963028
IDT HOLDINGS (SINGAPORE) LTDLong12-Feb-090.19170100021.184033
MAP TECHNOLOGY HLDGS LIMITEDLong12-Feb-090.25515100028.724031
PACIFIC CENTURY REGIONAL DEVTSLong12-Feb-090.2159300024.014024
ADVANCED SYSTEMS AUTOMATIONShort12-Feb-090.0110100020.694449
HOTUNG INVESTMENT HLDGS LTDShort12-Feb-090.07585900028.392936
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