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 31, 2009

Scan 31 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASA GROUP HOLDINGS LTDLong12/31/20090.06517500027.666534
COSMOSTEEL HOLDINGS LIMITEDLong12/31/20090.41214600021.192421
PTERIS GLOBAL LIMITEDLong12/31/20090.17126600046.983528
STRACO CORPORATION LIMITEDLong12/31/20090.1320000025.045541
UNITED SSE 50 CHINA ETFLong12/31/20092.5426700024.842625

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)