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

Thursday, September 2, 2010

Scan 2 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CSC HOLDINGS LTDLong9/2/20100.15531000025.311916
DBS GROUP HOLDINGS LTDLong9/2/201014.12538300022.882725
GALLANT VENTURE LTD.Long9/2/20100.235298500020.882221
MIDAS HLDGS LIMITEDLong9/2/20100.895867200030.32423
NEPTUNE ORIENT LINES LIMITEDLong9/2/20101.951663300022.482119
NOBLE GROUP LIMITEDLong9/2/20101.654046600022.082524
PENGUIN INTERNATIONAL LIMITEDLong9/2/20100.12534500022.982218
SEE HUP SENG LIMITEDLong9/2/20100.255661900020.33625
SKY CHINA PETROLEUM SVCS LTD.Long9/2/20100.185424600031.292119
TIME WATCH INVESTMENTS LIMITEDLong9/2/20100.18520100021.32521
UNION STEEL HOLDINGS LIMITEDLong9/2/20100.1253100023.344134
UNITED FIBER SYSTEM LIMITEDLong9/2/20100.055298600022.092115
ABTERRA LTDShort9/2/20100.035857200043.281415
ADROIT INNOVATIONS LIMITEDShort9/2/20100.015130000053.754147
AEM HOLDINGS LTDShort9/2/20100.0422000022.283452
TECKWAH INDUSTRIAL CORP LTDShort9/2/20100.29538600023.973439

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