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, January 22, 2009

Scan 22 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCED HOLDINGS LTD.Long22-Jan-090.12528000022.125231
BAKER TECHNOLOGY LIMITEDLong22-Jan-090.1150900021.472421
CHINA OILFIELD TEC SVCS GRPLTDLong22-Jan-090.08531500023.643630
CHINA PAPER HOLDINGS LIMITEDLong22-Jan-090.15522000022.374232
IDT HOLDINGS (SINGAPORE) LTDLong22-Jan-090.2215100025.935029
THE LEXICON GROUP LIMITEDLong22-Jan-090.0240500023.284033
DARCO WATER TECHNOLOGIES LTDShort22-Jan-090.05561000026.542739
JADASON ENTERPRISES LTDShort22-Jan-090.0420000025.024143
QIAN HU CORPORATION LIMITEDShort22-Jan-090.08543100034.763339

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