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, March 17, 2010

Scan 17 Mar 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AUSSINO GROUP LTDLong3/17/20100.0912000022.624130
BAN JOO & COMPANY LIMITEDLong3/17/20100.035295400028.111711
CHINASING INVESTMENT HLDG LTDLong3/17/20100.01540000028.035039
DATAPULSE TECHNOLOGY LIMITEDLong3/17/20100.23127300029.63525
FRAGRANCE GROUP LIMITEDLong3/17/20100.58511200027.144139
GENTING SINGAPORE PLCLong3/17/20100.96513226900027.642524
MEMSTAR TECHNOLOGY LTD.Long3/17/20100.06210200039.522016
SIN GHEE HUAT CORPORATION LTD.Short3/17/20100.24527500027.514052
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)