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

Monday, February 23, 2009

Scan 23 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AGVA CORPORATION LIMITEDLong23-Feb-090.06595100037.993027
CAPITARETAIL CHINA TRUSTLong23-Feb-090.66540200020.712221
CHINA KANGDA FOOD COMPANY LTDLong23-Feb-090.1833100024.153736
FRAGRANCE GROUP LIMITEDLong23-Feb-090.22525000035.585038
FU YU CORPORATION LTDLong23-Feb-090.0611800020.284536
GOODPACK LIMITEDLong23-Feb-090.75203700037.83934
HOSEN GROUP LTDLong23-Feb-090.0517200027.666235
MCL LAND LIMITEDLong23-Feb-090.7318800031.786228
ROXY-PACIFIC HOLDINGS LIMITEDLong23-Feb-090.19543600022.63230
CHINA PAPER HOLDINGS LIMITEDShort23-Feb-090.15511800022.513448
EPURE INTERNATIONAL LTD.Short23-Feb-090.28601600024.961925
FIBRECHEM TECHNOLOGIES NCPSShort23-Feb-090.1130000055.542872
YOUCAN FOODS INTERNATIONAL LTDShort23-Feb-090.1128000040.473960

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