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, November 24, 2010

Scan 24 Nov 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA AUTO CORPORATION LTD.Long11/24/20100.04522100027.692827
CHINA MINZHONG FOOD CORP LTDLong11/24/20101.3357900031.172119
GEMS TV HOLDINGS LIMITEDLong11/24/20100.04120800026.163825
SOUTHERN PACKAGING GROUP LTDLong11/24/20100.1426000050.435135
THE STYLE MERCHANTS LIMITEDLong11/24/20100.04440900020.393933
BBR HOLDINGS (S) LTDShort11/24/20100.2530800022.511214
CHINA XLX FERTILISER LTD.Short11/24/20100.5980400022.662225
CHIP ENG SENG CORPORATION LTDShort11/24/20100.467700029.872326
COMPACT METAL INDUSTRIES LTDShort11/24/20100.01254900031.413242
GUOCOLEISURE LIMITEDShort11/24/20100.68563100024.112327
KOON HOLDINGS LIMITEDShort11/24/20100.62518500031.052730
MACQUARIE INT'L INFRA FUND LTDShort11/24/20100.555122300025.651824
NERATELECOMMUNICATIONS LTDShort11/24/20100.335213000512426
PACIFIC CENTURY REGIONAL DEVTSShort11/24/20100.1917500023.792025
PENGUIN INTERNATIONAL LIMITEDShort11/24/20100.11110700022.712433
WANXIANG INTERNATIONAL LIMITEDShort11/24/20100.18511000032.863237

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