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

Wednesday, June 3, 2009

Scan 3 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA WATER TECHNOLOGY LTD.Long3-Jun-090.105175500032.473326
AVAPLAS LTDLong3-Jun-090.09520100081.238713
NTI INTERNATIONAL LIMITEDLong3-Jun-090.0220000027.117228
OSSIA INTERNATIONAL LTDLong3-Jun-090.14440000214031
PACIFIC CENTURY REGIONAL DEVTSLong3-Jun-090.245617900034.653432
UNITED ENVIROTECH LTDLong3-Jun-090.1354983800035.974727
ACHIEVA LIMITEDShort3-Jun-090.0954479300055.412834
CHINA AUTO CORPORATION LTD.Short3-Jun-090.045288200029.622732
HERSING CORPORATION LTDShort3-Jun-090.23513300021.524041
ROTOL SINGAPORE LIMITEDShort3-Jun-090.0545000024.674159
STARHUB LTDShort3-Jun-092.071154600031.022122

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