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, July 11, 2009

Scan 10 July 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DUTECH HOLDINGS LIMITEDLong7/10/20090.1516500024.095630
ELECTROTECH INVESTMENTS LTDLong7/10/20090.225200021.66234
HG METAL MANUFACTURING LTDLong7/10/20090.14188300022.982420
K1 VENTURES LIMITEDLong7/10/20090.14520300021.413225
MEDTECS INTERNATIONAL CORP LTDLong7/10/20090.09520600021.864333
UOL GROUP LIMITEDLong7/10/20093.3112100026.012119
ASIASONS CAPITAL LIMITEDShort7/10/20090.12536200030.982526
CHINA FIBRETECH LTD.Short7/10/20090.1544400021.432039
CHUAN HUP HOLDINGS LIMITEDShort7/10/20090.25533200021.231719
PENGUIN INTERNATIONAL LIMITEDShort7/10/20090.105116100024.722225
SARIN TECHNOLOGIES LTDShort7/10/20090.17512000030.953660
ZHONGGUO PENGJIE FABRICS LTDShort7/10/20090.1621500033.323151

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