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, June 2, 2010

Scan 2 Jun 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BAKER TECHNOLOGY LIMITEDLong6/2/20100.426467800038.323227
CHINA ERATAT SPORTS FASHIONLTDLong6/2/20100.1487700022.832925
FIRST REAL ESTATE INV TRUSTLong6/2/20100.8413700021.772824
HOTEL PROPERTIES LTDLong6/2/20102.236100032.272926
LEE METAL GROUP LTDLong6/2/20100.20553700050.252927
PACIFIC SHIPPING TRUSTLong6/2/20100.2845200022.033331
UOL GROUP LIMITEDShort6/2/20103.69120400027.62627

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