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, November 25, 2009

Scan 25 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA FASHION HOLDINGS LIMITEDLong11/25/20090.035106700029.435641
CHINA HONGXING SPORTS LIMITEDLong11/25/20090.1851902400025.122219
CHINA XLX FERTILISER LTD.Long11/25/20090.455977100027.152822
KEDA COMMUNICATIONS LTD.Long11/25/20090.07515300055.148020
NTI INTERNATIONAL LIMITEDLong11/25/20090.0585000029.584544
SHANGHAI ASIA HOLDINGS LIMITEDLong11/25/20090.14518000047.433124
C&G INDUSTRIAL HOLDINGS LTDShort11/25/20090.2236200028.342530
FIRSTLINK INV CORP LTDShort11/25/20090.0510100021.353139
SP AUSNETShort11/25/20091.0910300026.62441

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)