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, May 14, 2009

Scan 14 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
IONICS EMS INCLong14-May-090.0225200039.596832
ADAMPAK LIMITEDShort14-May-090.1525900021.773740
CDW HOLDING LIMITEDShort14-May-090.05527500040.813946
GOLDTRON LIMITEDShort14-May-090.005115200043.31821
HLH GROUP LIMITEDShort14-May-090.02134400023.972733
PROGEN HOLDINGS LTDShort14-May-090.0515000022.823843
SHINING CORPORATION LTDShort14-May-090.0627000022.823438
SILVERLAKE AXIS LTDShort14-May-090.1980100031.253133
TRANSPAC INDUSTRIAL HLDGS LTDShort14-May-090.93516400027.472933
TREK 2000 INT'L LTDShort14-May-090.13516800027.094648

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