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, March 12, 2009

Scan 12 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACTION ASIA LIMITEDLong12-Mar-090.0721000033.643530
CHINA PRECISION TECHNOLOGY LTDLong12-Mar-090.1330000031.587420
SWING MEDIA TECHNOLOGY GRP LTDLong12-Mar-090.03523700020.663837
VGO CORPORATION LIMITEDLong12-Mar-090.01521000031.065841
ARA ASSET MANAGEMENT LIMITEDShort12-Mar-090.468800020.351920
FORTUNE REAL ESTATE INV TRUSTShort12-Mar-092.17145500030.642931
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