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, October 26, 2009

Scan 26 Oct 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BUKIT SEMBAWANG ESTATES LTDLong10/26/20094.9322700022.863529
JACKSPEED CORPORATION LIMITEDLong10/26/20090.1119500021.235344
GLOBAL YELLOW PAGES LIMITEDShort10/26/20090.16571500025.472426
HOR KEW CORPORATION LIMITEDShort10/26/20090.11510400022.734047
HOTUNG INVESTMENT HLDGS LTDShort10/26/20090.1188000031.892024
NOEL GIFTS INTERNATIONAL LTDShort10/26/20090.14514500021.93161
TT INTERNATIONAL LIMITEDShort10/26/20090.035106900062.911825

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