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

Tuesday, July 27, 2010

Scan 27 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KINGBOARD COPPER FOIL HDGS LTDLong7/27/20100.32519900028.12825
RAFFLES EDUCATION CORP LIMITEDLong7/27/20100.2952672900028.972420
ACE ACHIEVE INFOCOM LIMITEDShort7/27/20100.0726800025.883851
LEE METAL GROUP LTDShort7/27/20100.2126500028.621720
SUNSHINE HOLDINGS LIMITEDShort7/27/20100.07522400020.283235
UNIONMET (SINGAPORE) LIMITEDShort7/27/20100.045110100026.263445
VGO CORPORATION LIMITEDShort7/27/20100.0330200064.954258
VIBROPOWER CORPORATION LIMITEDShort7/27/20100.07541100021.763339

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