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, May 27, 2010

Scan 27 May 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADROIT INNOVATIONS LIMITEDLong5/27/20100.02111700023.054833
AUSSINO GROUP LTDLong5/27/20100.09522500030.164133
BOUSTEAD SINGAPORE LIMITEDLong5/27/20100.82115200035.93029
BRC ASIA LIMITEDLong5/27/20100.1372600029.423634
COMPACT METAL INDUSTRIES LTDLong5/27/20100.0120000023.124742
RAMBA ENERGY LIMITEDLong5/27/20100.44557500020.663532
SAMKO TIMBER LIMITEDLong5/27/20100.0615000049.474940
SINGAPORE POST LIMITEDLong5/27/20101.11896800022.581817
SINO CONSTRUCTION LIMITEDLong5/27/20100.1151500021.93130

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