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

Friday, December 11, 2009

Scan 11 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALLIED TECHNOLOGIES LIMITEDLong12/11/20090.05525000025.764739
CDW HOLDING LIMITEDLong12/11/20090.0714000023.734738
MEMTECH INTERNATIONAL LTDLong12/11/20090.1163300021.584234
STRAITS ASIA RESOURCES LIMITEDLong12/11/20092.221407600026.583026
TRUMP DRAGON DISTILLERS HLDGSLong12/11/20090.6753400020.242625
HG METAL MANUFACTURING LTDShort12/11/20090.13926500025.542629
SWING MEDIA TECHNOLOGY GRP LTDShort12/11/20090.05158700022.922831

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