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 24 Mar 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINASING INVESTMENT HLDG LTDLong3/24/20100.015446900023.715330
CREATIVE MASTER BERMUDA LTDLong3/24/20100.1160100026.893935
ENVIRO-HUB HOLDINGS LTDLong3/24/20100.095233700020.494025
FU YU CORPORATION LTDLong3/24/20100.118500026.534236
HLN TECHNOLOGIES LIMITEDLong3/24/20100.27514200022.323634
LIFEBRANDZ LTD.Long3/24/20100.01655700040.574330
NOBLE GROUP LIMITEDShort3/24/20103.1914931600022.982332
UNIONMET (SINGAPORE) LIMITEDShort3/24/20100.045239500034.13058

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