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, May 20, 2009

Scan 20 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA KUNDA TECH HOLDINGS LTDLong20-May-090.1851500032.833932
COSCO CORPORATION (S) LTDLong20-May-091.195681200028.852825
GOLDEN AGRI-RESOURCES LTDLong20-May-090.47534353900840.623727
HISAKA HOLDINGS LTD.Long20-May-090.18395000041.85431
SOUTHERN PACKAGING GROUP LTDLong20-May-090.10510700039.445131
TECHCOMP (HOLDINGS) LIMITEDLong20-May-090.23549000020.145837
TREK 2000 INT'L LTDLong20-May-090.14510500021.695245
WILLAS-ARRAY ELEC (HLDGS) LTDLong20-May-090.112000024.294833
COMPACT METAL INDUSTRIES LTDShort20-May-090.01518600027.173652
GOLDTRON LIMITEDShort20-May-090.0166000035.552227
MAGNUS ENERGY GROUP LTD.Short20-May-090.03518300030.771318
MATEX INTERNATIONAL LIMITEDShort20-May-090.06546900091.832965
STRATECH SYSTEMS LIMITEDShort20-May-090.03550100022.33235

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