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

Monday, December 14, 2009

Scan 14 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCED SYSTEMS AUTOMATIONLong12/14/20090.02207600025.114240
ASIATIC GROUP (HOLDINGS) LTDLong12/14/20090.12262000030.423837
HONG LEONG FINANCE LIMITEDLong12/14/20092.9414400021.492422
HWA HONG CORPORATION LIMITEDLong12/14/20090.515303300023.915625
SOILBUILD GROUP HOLDINGS LTDLong12/14/20090.9320300023.713428
ALLIED TECHNOLOGIES LIMITEDShort12/14/20090.05556200024.324147
FEDERAL INT(2000) LTDShort12/14/20090.2102300031.262223

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)