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, January 4, 2010

Scan 04 Jan 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BBR HOLDINGS (S) LTDLong1/4/20100.06185700020.473627
CHINASING INVESTMENT HLDG LTDLong1/4/20100.02352800033.755529
LINDETEVES-JACOBERG LTDLong1/4/20100.03517200029.566818
SEROJA INVESTMENTS LIMITEDLong1/4/20100.645965600022.692726
STARHILL GLOBAL REITLong1/4/20100.551530400026.733120
TIONG WOON CORP HOLDING LTDLong1/4/20100.66902300021.682721
TRANSCU GROUP LIMITEDShort1/4/20100.121962700023.152028

No comments: