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, December 7, 2010

Scan 7 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AVI-TECH ELECTRONICS LIMITEDLong12/7/20100.19514500026.793223
BRC ASIA LIMITEDLong12/7/20100.15532900026.472823
CHINA FARM EQUIPMENT LIMITEDLong12/7/20100.2728200021.643830
F J BENJAMIN HOLDINGS LTDLong12/7/20100.415222400026.232824
HTL INT'L HOLDINGS LIMITEDLong12/7/20100.6521600044.843125
MCL LAND LIMITEDLong12/7/20102.4512800036.784642
PEOPLE'S FOOD HOLDINGS LIMITEDLong12/7/20100.725459500020.272624
SINO CONSTRUCTION LIMITEDLong12/7/20100.121300025.273736
SINO GRANDNESS FOOD IND GP LTDLong12/7/20100.395278700023.823023
SPICE I2I LIMITEDLong12/7/20100.12406500021.641513
UNITED FIBER SYSTEM LIMITEDLong12/7/20100.05417500025.832726
YANGZIJIANG SHIPBLDG HLDGS LTDLong12/7/20101.931952500025.132322
ELLIPSIZ LTDShort12/7/20100.13185800023.412226
IS MSCI INDIA 100Short12/7/20107.9537200023.192830
METRO HOLDINGS LIMITEDShort12/7/20100.8125100032.622329
SHANGHAI ASIA HOLDINGS LIMITEDShort12/7/20100.1750000032.583841
UNION STEEL HOLDINGS LIMITEDShort12/7/20100.1122000041.673164

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