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

Friday, January 15, 2010

Scan 15 Jan 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SP CORPORATION LIMITEDLong1/15/20100.06524100020.135743
TELEDATA (SINGAPORE) LTDLong1/15/20100.071463300034.392018
ASIA ENVIRONMENT HOLDINGS LTDShort1/15/20100.32558400020.752627
CAPITARETAIL CHINA TRUSTShort1/15/20101.28107400024.622123
CHINA SKY CHEM FIBRE CO. LTD.Short1/15/20100.2283800021.342628
SEMBCORP MARINE LTDShort1/15/20103.68586400020.232123
SINO CONSTRUCTION LIMITEDShort1/15/20100.165166700028.973335

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