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, January 6, 2010

Scan 6 Jan 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ANNAIK LIMITEDLong1/6/20100.1530100030.756039
CACOLA FURNITURE INTL LIMITEDLong1/6/20100.06284800026.242822
LIFEBRANDZ LTD.Long1/6/20100.015107000066.555825
ONIONTECH LIMITEDLong1/6/20100.0439400048.325149
PROGEN HOLDINGS LTDLong1/6/20100.055295100030.163629
RAMBA ENERGY LIMITEDLong1/6/20100.6151390300021.253022
REYPHON AGRICEUTICAL LIMITEDLong1/6/20100.05510300020.883827
SPINDEX INDUSTRIES LIMITEDLong1/6/20100.2512000021.414637
STAR PHARMACEUTICAL LIMITEDLong1/6/20100.09520300027.45041
CHINA FASHION HOLDINGS LIMITEDShort1/6/20100.035104800020.23544

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