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, November 17, 2009

Scan 17 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCED SYSTEMS AUTOMATIONLong11/17/20090.02516000033.634933
EDMI LIMITEDLong11/17/20090.18510800025.134442
SINGAPORE AIRPORT TRML SVCSLTDLong11/17/20092.44243000020.182221
HLH GROUP LIMITEDShort11/17/20090.025133100023.591521
TPV TECHNOLOGY LIMITEDShort11/17/20090.914200043.893541

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