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, March 15, 2010

Scan 15 Mar 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
TT INTERNATIONAL LIMITEDLong3/15/20100.03519000039.295839
DEVOTION ENERGY GROUP LIMITEDShort3/15/20100.06514800028.593643
DMX TECHNOLOGIES GROUP LTDShort3/15/20100.33121100020.952427
THAI VILLAGE HOLDINGS LTDShort3/15/20100.123100020.23952
ULTRO TECHNOLOGIES LIMITEDShort3/15/20100.0620700031.723845

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