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 7, 2009

Scan 7 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CACOLA FURNITURE INTL LIMITEDLong7-May-090.055761600020.023329
EASTGATE TECHNOLOGY LTDLong7-May-090.02923500026.056125
INTERNET TECHNOLOGY GRP LTDLong7-May-090.045398900024.264627
MFS TECHNOLOGY LTDLong7-May-090.1935100025.673322
MOBILEONE LTDLong7-May-091.62104700021.93225
SAIZEN REAL ESTATE INV TRUSTLong7-May-090.151321800029.343530
TECHCOMP (HOLDINGS) LIMITEDLong7-May-090.2310100028.185136
KOON HOLDINGS LIMITEDShort7-May-090.1432900038.29397
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