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 4, 2009

Scan 4 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DYNAMIC COLOURS LIMITEDLong11/4/20090.0918900020.454935
GP INDUSTRIES LIMITEDLong11/4/20090.3413200022.964033
MDR LIMITEDShort11/4/20090.005204600034.522131
POH TIONG CHOON LOGISTICS LTDShort11/4/20090.3850500032.992729
SP AUSNETShort11/4/20091.119800036.392931

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