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

Wednesday, February 18, 2009

Scan 18 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHEUNG WOH TECHNOLOGIES LTDLong18-Feb-090.1132000062.255643
EASTGATE TECHNOLOGY LTDLong18-Feb-090.01520000024.875344
HONGGUO INTL HOLDINGS LIMITEDLong18-Feb-090.1715700024.453229
MOBILEONE LTDLong18-Feb-091.5829500020.452721
CAPITARETAIL CHINA TRUSTShort18-Feb-090.6564700025.092225
JETS TECHNICS INTL HLDGS LTDShort18-Feb-090.00521500078.272278
JUNMA TYRE CORD COMPANY LTDShort18-Feb-090.07512000028.424653
NOBLE GROUP LIMITEDShort18-Feb-091.113044400022.252226
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