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, September 14, 2010

Scan 14 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADROIT INNOVATIONS LIMITEDLong9/14/20100.0212000036.355937
JIUTIAN CHEMICAL GROUP LIMITEDLong9/14/20100.061637000027.712621
M DEVELOPMENT LTD.Long9/14/20100.0337300027.066634
MATEX INTERNATIONAL LIMITEDLong9/14/20100.08515900022.874946
SKY CHINA PETROLEUM SVCS LTD.Long9/14/20100.18168000021.391816
SPICE I2I LIMITEDLong9/14/20100.134765100022.762017
VGO CORPORATION LIMITEDLong9/14/20100.0326800038.555338
LANTROVISION (S) LTDShort9/14/20100.035191300024.042630

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