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

Tuesday, May 5, 2009

Scan 4 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADAMPAK LIMITEDLong4-May-090.1622000023.24639
CHINA AUTO CORPORATION LTD.Long4-May-090.035370500023.64641
CHINA FLEXIBLE PACK HLDG LTDLong4-May-090.1227400028.393632
CHINA NEW TOWN DEVT CO LIMITEDLong4-May-090.055983200029.563523
GOLDTRON LIMITEDLong4-May-090.01117000060.024137
INTERRA RESOURCES LIMITEDLong4-May-090.12539600021.324738
KINGBOARD COPPER FOIL HDGS LTDLong4-May-090.18119300031.563733
METRO HOLDINGS LIMITEDLong4-May-090.3871600039.253620
MIDAS HLDGS LIMITEDLong4-May-090.4853155000023.862421
NERATELECOMMUNICATIONS LTDLong4-May-090.26517100053.433937
OTTO MARINE LIMITEDLong4-May-090.4121800022.114332
CHINA MERCHANTS HLDGS(PACIFIC)Short4-May-090.46522000047.084752
GMG GLOBAL LTDShort4-May-090.12586000030.183134
LAFE CORPORATION LIMITEDShort4-May-090.0680100024.394749

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