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 30, 2009

Scan 29 July 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOBAL TECH (HLDGS) LIMITEDLong7/29/20090.01515000022.335741
SUN EAST GROUP LIMITEDLong7/29/20090.0313700020.144939
ADROIT INNOVATIONS LIMITEDShort7/29/20090.02539800055.893031
AEI CORPORATION LTDShort7/29/20090.0762800020.263742
AVI-TECH ELECTRONICS LIMITEDShort7/29/20090.1433300024.453435
CHINA HONGCHENG HOLDINGS LTDShort7/29/20090.0748900029.54045
LYXOR ETF MSCI INDIA 10Short7/29/200912.3610014022.24445
SIA ENGINEERING CO LTDShort7/29/20092.68200700022.542633
VIBROPOWER CORPORATION LIMITEDShort7/29/20090.0528600028.153940
ZAGRO ASIA LIMITEDShort7/29/20090.18539200024.663349

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