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

Monday, May 25, 2009

Scan 25 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BENEFUN INT HLDGS LTDLong25-May-090.02264000020.744234
CHINA HONGCHENG HOLDINGS LTDLong25-May-090.0978300034.482826
HERSING CORPORATION LTDLong25-May-090.2139000022.093633
PLASTOFORM HOLDINGS LIMITEDLong25-May-090.0423000031.995842
GP INDUSTRIES LIMITEDShort25-May-090.3521200040.373045
OUHUA ENERGY HOLDINGS LIMITEDShort25-May-090.08520600027.392160
YING LI INTL REAL ESTATE LTDShort25-May-090.2924500037.642061
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