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, August 24, 2010

Scan 24 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCE SCT LIMITEDLong8/24/20100.03598200022.383729
AEM HOLDINGS LTDLong8/24/20100.04515500027.554635
HIAP HOE LIMITEDLong8/24/20100.4113400024.862827
M1 LIMITEDLong8/24/20102.147100021.51916
OSIM INTERNATIONAL LTDLong8/24/20100.981194300028.122723
PEC LTD.Long8/24/20100.84162600024.312322
SINGAPORE AIRLINES LTDLong8/24/201015.46107100021.582422
SINGTELLong8/24/20102.993513600020.312220
WING TAI HLDGS LTDLong8/24/20101.72301000021.133025
COMPACT METAL INDUSTRIES LTDShort8/24/20100.00510900024.633346
FORELAND FABRICTECH HLDS LTDShort8/24/20100.0616000024.823169
GALLANT VENTURE LTD.Short8/24/20100.235152100028.272425
HG METAL MANUFACTURING LTDShort8/24/20100.142200020.072024
PAN-UNITED CORPORATION LTDShort8/24/20100.4820500024.373339
TUAN SING HOLDINGS LIMITEDShort8/24/20100.20528600030.11418

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