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

Thursday, April 15, 2010

Scan 15 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BOARDROOM LIMITEDLong4/15/20100.58512000034.795042
CHINA BEARING (SINGAPORE) LTD.Long4/15/20100.0528000020.496039
FRAGRANCE GROUP LIMITEDLong4/15/20100.59517300022.954133
FULL APEX (HOLDINGS) LIMITEDLong4/15/20100.17553000031.55841
MEMTECH INTERNATIONAL LTDLong4/15/20100.12529500029.663932
PAN HONG PROPERTY GROUP LTDLong4/15/20100.6296700029.942522
RICKMERS MARITIMELong4/15/20100.325153300031.313130
ABTERRA LTDShort4/15/20100.061158200027.071216
ADVANCE SCT LIMITEDShort4/15/20100.03573500022.553034
CACOLA FURNITURE INTL LIMITEDShort4/15/20100.06130600027.032124
COGENT HOLDINGS LIMITEDShort4/15/20100.175236600021.682128
DYNAMIC COLOURS LIMITEDShort4/15/20100.1310900035.84044
JARDINE CYCLE & CARRIAGE LTDShort4/15/201028.8836400027.782729
KINGSMEN CREATIVES LTDShort4/15/20100.61511700020.212529

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