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, May 18, 2010

Scan 18 May 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COMPACT METAL INDUSTRIES LTDLong5/18/20100.0124000033.484035
DEBAO PROPERTY DEVELOPMENT LTDLong5/18/20100.3476200022.143129
GMG GLOBAL LTDLong5/18/20100.2736100020.362220
POPULAR HOLDINGS LIMITEDLong5/18/20100.15514400036.392827
RYOBI KISO HOLDINGS LTD.Long5/18/20100.205871200020.722921
SERIAL SYSTEM LTDLong5/18/20100.10524000020.293126
SIN HENG HEAVY MACHINERY LTDLong5/18/20100.205167200037.762726
TIME WATCH INVESTMENTS LIMITEDLong5/18/20100.1946400020.082726
FORTUNE REAL ESTATE INV TRUSTShort5/18/20103.6182900025.872325
JARDINE STRATEGIC HLDGS LTDShort5/18/20102010600023.522728
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