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

Thursday, July 23, 2009

Scan 23 July 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ANNAIK LIMITEDLong7/23/20090.145230500020.965234
C & O PHARM TECH (HLDGS) LTDLong7/23/20090.19110700037.714743
KINGBOARD COPPER FOIL HDGS LTDLong7/23/20090.235433400024.813324
LINAIR TECHNOLOGIES LIMITEDLong7/23/20090.09516500041.525046
NTEGRATOR INTERNATIONAL LTDLong7/23/20090.05107300025.745238
SINWA LIMITEDLong7/23/20090.22510500037.634837
SOUTHERN PACKAGING GROUP LTDLong7/23/20090.13533500033.735335
CHINA FASHION HOLDINGS LIMITEDShort7/23/20090.03517000038.933451
OCEAN SKY INTERNATIONAL LTDShort7/23/20090.10575000020.563848

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