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

Monday, August 3, 2009

Scan 3 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIATRAVEL.COM HOLDINGS LTDLong8/3/20090.38542000025.214131
BROTHERS (HOLDINGS) LIMITEDLong8/3/20090.17520000021.963533
FDS NETWORKS GROUP LTDLong8/3/20090.13138900055.888020
NEW LAKESIDE HOLDINGS LIMITEDLong8/3/20090.04555100040.515842
ZAGRO ASIA LIMITEDLong8/3/20090.210700021.73629
C K TANG LTDShort8/3/20090.82513000043.792643
MEDI-FLEX LIMITEDShort8/3/20090.0811700022.573660

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