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, December 2, 2009

Scan 2 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA FIBRETECH LTD.Long12/2/20090.13994400027.314032
CHINA KANGDA FOOD COMPANY LTDLong12/2/20090.21560500030.713332
CHINA LIFESTYLE F&B GROUP LTDLong12/2/20090.14547900024.523223
DBXT MSCI KOREA ETF 10Long12/2/200945.0628706035.625140
DRAGON GROUP INTL LIMITEDLong12/2/20090.05513000026.834938
SINGTELLong12/2/20093.021924300024.252120
TRANSIT-MIXED CONCRETE LTDLong12/2/20090.3411900020.854642
Z-OBEE HOLDINGS LIMITEDLong12/2/20090.125186000024.664832

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