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

Tuesday, August 11, 2009

Scan 11 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DBXT MSCI TAIWAN ETF 10Long8/11/200913.8828468029.013936
LIANG HUAT ALUMINIUM LTDLong8/11/20090.041731000353120
RIVERSTONE HOLDINGS LIMITEDLong8/11/20090.4138900031.452423
GIKEN SAKATA (S) LIMITEDShort8/11/20090.0615100029.934146
OTTO MARINE LIMITEDShort8/11/20090.411000029.973252
UMS HOLDINGS LIMITEDShort8/11/20090.15512100026.782932
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