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 4, 2009

Scan 4 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHARTERED SEMICONDUCTOR MFGLTDLong4-Mar-090.25431200025.612120
COURAGE MARINE GROUP LIMITEDLong4-Mar-090.12523200029.754132
EPURE INTERNATIONAL LTD.Long4-Mar-090.285638700023.552320
ASIA ENVIRONMENT HOLDINGS LTDShort4-Mar-090.115414000202944
ASIAMEDIC LIMITEDShort4-Mar-090.03510800041.652574
GLOBAL VOICE GROUP LIMITEDShort4-Mar-090.015796000027.912830
ISDN HOLDINGS LIMITEDShort4-Mar-090.5101300023.582329
OVERSEAS UNION ENTERPRISE LTDShort4-Mar-091052000035.962634
SSH CORPORATION LTD.Short4-Mar-090.0950600021.883339

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