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

Tuesday, April 20, 2010

Scan 20 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALLGREEN PROPERTIES LTDLong4/20/20101.24183700030.151918
CHINA ENERGY LIMITEDLong4/20/20100.21127200021.622825
CHINA HONGCHENG HOLDINGS LTDLong4/20/20100.155900020.525239
ELLIPSIZ LTDLong4/20/20100.13136600025.713026
IS MSCI INDIA 100Long4/20/20107.1441890026.512726
KENCANA AGRI LIMITEDLong4/20/20100.32129700037.913122
SUN EAST GROUP LIMITEDLong4/20/20100.0140200031.774644
UNIONMET (SINGAPORE) LIMITEDLong4/20/20100.06817100024.065229
JEL CORPORATION (HOLDINGS) LTDShort4/20/20100.0226100031.574547
KEPPEL LAND LIMITEDShort4/20/20103.66573600022.512327
LI HENG CHEM FIBRE TECH LTDShort4/20/20100.28463500021.671719

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