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

Saturday, June 6, 2009

Scan 5 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCE SCT LIMITEDLong5-Jun-090.0958243900024.73944
CHINA AUTO CORPORATION LTD.Long5-Jun-090.065852100028.194624
CHINA MILK PRODUCTS GROUP LTDLong5-Jun-090.48101100021.512423
CHUNGHONG HOLDINGS LIMITEDLong5-Jun-090.1111500045.865737
GOLDTRON LIMITEDLong5-Jun-090.015834900021.993231
METAL COMPONENT ENGG LTDLong5-Jun-090.0633400049.574634
SERIAL SYSTEM LTDLong5-Jun-090.07240900022.762820
STARHUB LTDLong5-Jun-092.13461300026.722120

No comments: