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, June 5, 2009

Scan 4 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASA GROUP HOLDINGS LTDLong4-Jun-090.03560000027.494435
AUTRON CORPORATION LIMITEDLong4-Jun-090.031088200023.213317
MEDI-FLEX LIMITEDLong4-Jun-090.0819100021.145634
ROTOL SINGAPORE LIMITEDLong4-Jun-090.06520000024.776337
CHINA ESSENCE GROUP LTD.Short4-Jun-090.2287300023.432729
CHINA LIFESTYLE F&B GROUP LTDShort4-Jun-090.13124500023.242445
DAIRY FARM INT'L HOLDINGS LTDShort4-Jun-095.245810022.313037
METAL COMPONENT ENGG LTDShort4-Jun-090.0620100052.453940
TECHNICS OIL & GAS LIMITEDShort4-Jun-090.4217300030.072126

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