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, April 2, 2010

Scan 1 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA FIBRETECH LTD.Long4/1/20100.1261500022.535337
GLOBAL TESTING CORPORATION LTDLong4/1/20100.08333000024.413128
SUNPOWER GROUP LTD.Long4/1/20100.215461900030.114836
DELONG HOLDINGS LIMITEDShort4/1/20100.5321600025.21855
ENVIRO-HUB HOLDINGS LTDShort4/1/20100.08510600021.523031
QIAN FENG FABRIC TECH LIMITEDShort4/1/20100.07531000028.312939
SERIAL SYSTEM LTD W101220Short4/1/20100.01540200044.33343
WANXIANG INTERNATIONAL LIMITEDShort4/1/20100.09543000021.573141

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