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 19, 2009

Scan 19 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MEIBAN GROUP LTDLong19-Feb-090.145154500023.474633
TT INTERNATIONAL LIMITEDLong19-Feb-090.025120000029.672823
YOUCAN FOODS INTERNATIONAL LTDLong19-Feb-090.1420000043.026434
AGVA CORPORATION LIMITEDShort19-Feb-090.0732700043.32937
BEST WORLD INTERNATIONAL LTDShort19-Feb-090.16214200029.032466
CAPITALAND LIMITEDShort19-Feb-092.132441200022.082037
RICKMERS MARITIMEShort19-Feb-090.37540200024.381835
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