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 24, 2010

Scan 23 Mar 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
C&G INDUSTRIAL HOLDINGS LTDLong3/23/20100.2327000022.354828
CHINA BEARING (SINGAPORE) LTD.Long3/23/20100.0515000039.055245
HG METAL MANUFACTURING LTDLong3/23/20100.11532200038.372316
HONGWEI TECHNOLOGIES LIMITEDLong3/23/20100.23320200037.813124
LEEDEN LIMITEDLong3/23/20100.395189800062.324125
THOMSON MEDICAL CENTRE LIMITEDLong3/23/20100.710400021.623424
UNIONMET (SINGAPORE) LIMITEDLong3/23/20100.0515000034.284240
WANXIANG INTERNATIONAL LIMITEDLong3/23/20100.09528000026.44539
CHINA FIBRETECH LTD.Short3/23/20100.1281000021.614454
HLN TECHNOLOGIES LIMITEDShort3/23/20100.2737400023.933137
MEMSTAR TECHNOLOGY LTD.Short3/23/20100.05585800031.761419
RICKMERS MARITIMEShort3/23/20100.3052751400037.111365

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