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, June 2, 2009

Scan 2 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIASONS CAPITAL LIMITEDLong2-Jun-090.12299600021.793429
CDW HOLDING LIMITEDLong2-Jun-090.06520600021.415037
COMPACT METAL INDUSTRIES LTDLong2-Jun-090.015726600021.45738
FALMAC LIMITEDLong2-Jun-090.04771000054.226238
INTERNATIONAL PRESS SOFTCOMLong2-Jun-090.08524300024.665736
CHINA JISHAN HOLDINGS LIMITEDShort2-Jun-090.05515000026.63538
HUAN HSIN HOLDINGS LTDShort2-Jun-090.214700030.73840
ITE ELECTRIC CO LTDShort2-Jun-090.04517000075.452674

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