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

Wednesday, August 5, 2009

Scan 5 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
JEL CORPORATION (HOLDINGS) LTDLong8/5/20090.0324500038.34031
MAP TECHNOLOGY HLDGS LIMITEDLong8/5/20090.1811894400026.555116
TSH CORPORATION LIMITEDLong8/5/20090.09545600039.635826
YOUCAN FOODS INTERNATIONAL LTDLong8/5/20090.110500050.444339
ABTERRA LTDShort8/5/20090.0551271300021.211417
CHINA POWERPLUS LIMITEDShort8/5/20090.05537500021.272734
SINO TECHFIBRE LIMITEDShort8/5/20090.13347600029.352729
TEXCHEM-PACK HOLDINGS (S) LTD.Short8/5/20090.09521900026.52952
UNIONMET (SINGAPORE) LIMITEDShort8/5/20090.0576600020.472226

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