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 24, 2009

Scan 24 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AQUA-TERRA SUPPLY CO. LIMITEDLong11/24/20090.2892000024.73928
COMBINE WILL INTL HLDGS LTDLong11/24/20090.113200028.284534
BROADWAY INDUSTRIAL GROUP LTDShort11/24/20090.5619300020.12526
GIANT WIRELESS TECHNOLOGY LTDShort11/24/20090.015280000030.383445
OTTO MARINE LIMITEDShort11/24/20090.32531900026.263438
STARHUB LTDShort11/24/20091.95671100031.172029
TRUMP DRAGON DISTILLERS HLDGSShort11/24/20090.65284100037.732630

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