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 17, 2009

Scan 17 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA NEW TOWN DEVT CO LIMITEDLong17-Mar-090.035298800022.383527
CHINASING INVESTMENT HLDG LTDLong17-Mar-090.01210200052.596435
HO BEE INVESTMENT LIMITEDLong17-Mar-090.3140800031.674321
LERENO BIO-CHEM LTD.Long17-Mar-090.01175100022.564642
MDR LIMITEDLong17-Mar-090.0120000068.235347
MEGHMANI ORGANICS LIMITEDLong17-Mar-090.0920000021.64442
PARKWAYLIFE REITLong17-Mar-090.7352700020.652423
SAPPHIRE CORPORATION LIMITEDLong17-Mar-090.0128000028.924543
SINGAPORE AIRPORT TRML SVCSLTDLong17-Mar-091.1810100028.433231
WHEELOCK PROPERTIES (S) LTDLong17-Mar-090.89534200037.456613

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