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, May 12, 2010

Scan 12 May 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA NEW TOWN DEVT CO LIMITEDLong5/12/20100.12161800022.32521
MIYOSHI PRECISION LIMITEDLong5/12/20100.16505100023.093329
PEC LTD.Long5/12/20100.795986800023.873724
SEMBCORP INDUSTRIES LTDLong5/12/20104.15246800023.882523
TIME WATCH INVESTMENTS LIMITEDLong5/12/20100.1960400025.132726
YOUCAN FOODS INTERNATIONAL LTDLong5/12/20100.0823800032.826733
BIO-TREAT TECHNOLOGY LIMITEDShort5/12/20100.0947600026.062024
SERIAL SYSTEM LTDShort5/12/20100.10522000025.552527
SINOPIPE HOLDINGS LIMITEDShort5/12/20100.2155000039.582644
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