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, March 11, 2009

Scan 11 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ARA ASSET MANAGEMENT LIMITEDLong11-Mar-090.40557000021.791917
HTL INT'L HOLDINGS LIMITEDLong11-Mar-090.075120000021.684139
INDOFOOD AGRI RESOURCES LTD.Long11-Mar-090.561333500025.682625
LERENO BIO-CHEM LTD.Long11-Mar-090.0115000026.624240
SINGAPORE POST LIMITEDLong11-Mar-090.785309400022.92421
CHINASING INVESTMENT HLDG LTDShort11-Mar-090.00530100061.53563
COLEX HOLDINGS LIMITEDShort11-Mar-090.11201000064.79199
ENPORIS GREENZ LIMITEDShort11-Mar-090.02575200021.993842
EUCON HOLDING LIMITEDShort11-Mar-090.01514000023.534050
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