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

Wednesday, September 8, 2010

Scan 8 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COGENT HOLDINGS LIMITEDLong9/8/20100.15691200027.483524
FALCON ENERGY GROUP LIMITEDLong9/8/20100.52596700020.092319
FORELAND FABRICTECH HLDS LTDLong9/8/20100.06401500033.927822
MULTI-CHEM LIMITEDLong9/8/20100.15523900037.664640
PENGUIN INTERNATIONAL LIMITEDLong9/8/20100.13261200020.483321
RAFFLES EDUCATION CORP LIMITEDLong9/8/20100.2751656800023.532120
LOTTVISION LIMITEDShort9/8/20100.03553200021.822935
SM SUMMIT HOLDINGS LTDShort9/8/20100.0811900023.183342
UMS HOLDINGS LIMITEDShort9/8/20100.39580100026.382830
YING LI INTL REAL ESTATE LTDShort9/8/20100.405258300023.542223

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