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, September 17, 2009

Scan 16 Sep 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA SILK HOLDINGS LIMITEDLong9/16/20090.0414100047.276132
CHINA AUTO ELECTRONICS GRP LTDLong9/16/20090.155869300035.622322
CHINA HONGXING SPORTS LIMITEDLong9/16/20090.233510800024.132321
LIANG HUAT ALUMINIUM LTDLong9/16/20090.04209500020.892517
SUNPOWER GROUP LTD.Long9/16/20090.23516600023.932623
UNIONMET (SINGAPORE) LIMITEDLong9/16/20090.06572700022.413225
ADROIT INNOVATIONS LIMITEDShort9/16/20090.0250000022.872837
GOLDEN AGRI-RESOURCES LTDShort9/16/20090.45516781299224.042224
HOE LEONG CORPORATION LTD.Short9/16/20090.1512000023.553537
SEE HUP SENG LIMITEDShort9/16/20090.4051391400042.542631
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