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

Thursday, December 3, 2009

Scan 3 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASTI HOLDINGS LIMITEDLong12/3/20090.0839700024.043632
K-REIT ASIALong12/3/20091.02288100027.132926
MEIBAN GROUP LTDLong12/3/20090.29527500020.861815
METRO HOLDINGS LIMITEDLong12/3/20090.7536200024.753027
OAKWELL ENGINEERING LIMITEDLong12/3/20090.06584800022.543320
SEE HUP SENG LIMITEDLong12/3/20090.295849800033.022725
SINO TECHFIBRE LIMITEDLong12/3/20090.145159200035.343028
STARHUB LTDLong12/3/20092.03285800024.982724
SUNSHINE HOLDINGS LIMITEDLong12/3/20090.04308500022.084947

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