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, July 14, 2010

Scan 14 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AEI CORPORATION LTDLong7/14/20100.175121400021.853527
BEST WORLD INTERNATIONAL LTDLong7/14/20100.3436900024.714034
BURWILL HOLDINGS LIMITEDLong7/14/20100.0814800026.85934
CHINA ESSENCE GROUP LTD.Long7/14/20100.24226300021.533724
COMPACT METAL INDUSTRIES LTDLong7/14/20100.00520100022.165436
CREATIVE MASTER BERMUDA LTDLong7/14/20100.08567800062.345542
EDMI LIMITEDLong7/14/20100.2934100032.664341
EXCELPOINT TECHNOLOGY LTDLong7/14/20100.05514500026.234838
HL GLOBAL ENTERPRISES LIMITEDLong7/14/20100.10521000030.83224
HOR KEW CORPORATION LIMITEDLong7/14/20100.0810700034.23831
Z-OBEE HOLDINGS LIMITEDLong7/14/20100.436415100021.532120
LYXOR ETF MSCI EUROPE 10Short7/14/201011.5512050024.683552
MANHATTAN RESOURCES LIMITEDShort7/14/20100.5233000022.883340
PT BERLIAN LAJU TANKER TBKShort7/14/20100.0451013100022.242228
SUN EAST GROUP LIMITEDShort7/14/20100.0116000056.212548

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