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, April 14, 2010

Scan 14 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CACOLA FURNITURE INTL LIMITEDLong4/14/20100.0629800028.72519
CHINA POWERPLUS LIMITEDLong4/14/20100.05522000023.244827
DRAGON GROUP INTL LIMITEDLong4/14/20100.04512800028.656040
DYNAMIC COLOURS LIMITEDLong4/14/20100.1320000038.374537
NOBEL DESIGN HOLDINGS LTDLong4/14/20100.1220000020.656534
OCEAN SKY INTERNATIONAL LTDLong4/14/20100.12539700025.734731
QIAN HU CORPORATION LIMITEDLong4/14/20100.15226600029.733026
JIUTIAN CHEMICAL GROUP LIMITEDShort4/14/20100.144559200020.662328
MEMTECH INTERNATIONAL LTDShort4/14/20100.1223500031.33037

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