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

Tuesday, March 10, 2009

Scan 10 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HONG LEONG ASIA LTD.Long10-Mar-090.4340000037.793426
HOTUNG INVESTMENT HLDGS LTDLong10-Mar-090.07290500020.074228
YANLORD LAND GROUP LIMITEDLong10-Mar-090.79802800021.212623
E3 HOLDINGS LTD.Short10-Mar-090.00540000037.723855
LERENO BIO-CHEM LTD.Short10-Mar-090.00530000028.672850
MACQUARIE INT'L INFRA FUND LTDShort10-Mar-090.255143200021.211837
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