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

Friday, July 23, 2010

Scan 23 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DYNAMIC COLOURS LIMITEDLong7/23/20100.11518300029.195742
EDMI LIMITEDLong7/23/20100.29187400025.154438
KING WAN CORPORATION LIMITEDLong7/23/20100.1419000030.164530
LHT HOLDINGS LIMITEDLong7/23/20100.06524600035.733634
PSC CORPORATION LTDLong7/23/20100.2614100020.474428
NEW TOYO INT HLDGS LTDShort7/23/20100.195198700021.112355
WILLAS-ARRAY ELEC (HLDGS) LTDShort7/23/20100.17517500028.54344

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