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 21, 2010

Scan 21 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BANYAN TREE HOLDINGS LIMITEDLong7/21/20100.8652200021.943325
BRC ASIA LIMITEDLong7/21/20100.1312300021.333934
HOCK LIAN SENG HOLDINGS LTDLong7/21/20100.285338200020.354718
NOBEL DESIGN HOLDINGS LTDLong7/21/20100.11512000022.675143
SP AUSNETLong7/21/20100.9810900025.873836
SUPERIOR MULTI-PACKAGING LTDLong7/21/20100.1115900021.384132
ADROIT INNOVATIONS LIMITEDShort7/21/20100.01552000021.663751
EASTERN ASIA TECHNOLOGY LTDShort7/21/20100.0935500021.643441
KTL GLOBAL LIMITEDShort7/21/20100.36217000039.752628
OUHUA ENERGY HOLDINGS LIMITEDShort7/21/20100.07522000027.372942
RAFFLES EDUCATION CORP LIMITEDShort7/21/20100.291969600036.952324
SINGAPORE POST LIMITEDShort7/21/20101.11632300022.411415
SMRT CORPORATION LTDShort7/21/20102.23372500029.262027

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