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 21, 2010

Scan 21 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CAPITAMALLS ASIA LIMITEDLong9/21/20102.22597300023.552119
EZRA HOLDINGS LIMITEDLong9/21/20101.84585100030.252826
HONGWEI TECHNOLOGIES LIMITEDLong9/21/20100.24556000021.922418
KTL GLOBAL LIMITEDLong9/21/20100.35442900025.473322
MICRO-MECHANICS (HOLDINGS) LTDLong9/21/20100.4610700021.15234
PACIFIC SHIPPING TRUSTLong9/21/20100.29538800022.782726
SINOTEL TECHNOLOGIES LTD.Long9/21/20100.39778200024.382321
STAMFORD TYRES CORPORATIONLTDLong9/21/20100.28541500022.534633
CHEUNG WOH TECHNOLOGIES LTDShort9/21/20100.30530200033.62932
CHINA FIBRETECH LTD.Short9/21/20100.0993600023.894449
CHINA SUNSINE CHEM HLDGS LTD.Short9/21/20100.245448800031.312224
REYPHON AGRICEUTICAL LIMITEDShort9/21/20100.118000037.333365
STAR PHARMACEUTICAL LIMITEDShort9/21/20100.14593800020.013241

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