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, June 24, 2010

Scan 24 Jun 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALLIED TECHNOLOGIES LIMITEDLong6/24/20100.08108100031.235038
ASIA ENVIRONMENT HOLDINGS LTDLong6/24/20100.16583300023.114223
CHINA ENERGY LIMITEDLong6/24/20100.1551464800033.084330
CHINA ESSENCE GROUP LTD.Long6/24/20100.2242000029.283229
DEVOTION ENERGY GROUP LIMITEDLong6/24/20100.05510100057.135737
EASTERN ASIA TECHNOLOGY LTDLong6/24/20100.196000033.424734
HENGXIN TECHNOLOGY LTD.Long6/24/20100.32532700021.214630
MACARTHURCOOK PROP SEC FUNDLong6/24/20100.120000027.935044
PNE INDUSTRIES LTDLong6/24/20100.0715900031.074638
STRATECH SYSTEMS LIMITEDLong6/24/20100.04201800020.594937
TTJ HOLDINGS LIMITEDLong6/24/20100.19520000025.514231
VENTURE CORPORATION LIMITEDLong6/24/20108.81229300023.63223
RAFFLES MEDICAL GROUP LTDShort6/24/20101.7431300027.062829
SUNRAY HOLDINGS LIMITEDShort6/24/20100.015160000027.434555
WILMAR INTERNATIONAL LIMITEDShort6/24/20105.9303700023.822324
XPRESS HOLDINGS LTDShort6/24/20100.0712100023.792728

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