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

Friday, May 29, 2009

Scan 29 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA SILK HOLDINGS LIMITEDLong29-May-090.0338900059.647027
BRIGHT WORLD PRECISION MAC LTDLong29-May-090.14575500021.494429
CHINA HEALTHCARE LIMITEDLong29-May-090.15516000047.024937
MEMSTAR TECHNOLOGY LTD.Long29-May-090.0436000030.413327
MEMTECH INTERNATIONAL LTDLong29-May-090.0918000022.434634
SHANGHAI TURBO ENTERPRISES LTDLong29-May-090.06510800032.134843
TRANSPAC INDUSTRIAL HLDGS LTDLong29-May-090.95528800020.193527
ASIASONS CAPITAL LIMITEDShort29-May-090.11515000024.272832
CDW HOLDING LIMITEDShort29-May-090.06558000023.13845
CHINA MILK PRODUCTS GROUP LTDShort29-May-090.445952700031.162629
ENVIRO-HUB HOLDINGS LTDShort29-May-090.20512000025.343841

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