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

Saturday, November 7, 2009

Scan 6 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CDW HOLDING LIMITEDLong11/6/20090.0732900027.145145
CIMB FTSE ASEAN40 100Long11/6/20097.8326000020.244639
MDR LIMITEDLong11/6/20090.005568900031.33127
NOBLE GROUP LIMITEDLong11/6/20092.581728600025.312625
PNE INDUSTRIES LTDLong11/6/20090.0818800041.426831
RAFFLES MEDICAL GROUP LTDLong11/6/20091.3837400024.632924
MACARTHURCOOK INDUSTRIAL REITShort11/6/20090.353168100034.712442

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