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

Monday, January 24, 2011

Scan 24 Jan 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADAMPAK LIMITEDLong1/24/20110.34520000032.123735
AEM HOLDINGS LTDLong1/24/20110.045110800033.745339
INNOTEK LIMITEDLong1/24/20110.57574100032.282520
MARCO POLO MARINE LTD.Long1/24/20110.42562600025.523230
TELEDATA (SINGAPORE) LTDLong1/24/20110.03269300021.275233
ADDVALUE TECHNOLOGIES LTDShort1/24/20110.04532000027.783136
CHANGTIAN PLASTIC & CHEM LTDShort1/24/20110.13228400022.542732
CHINA AUTO CORPORATION LTD.Short1/24/20110.04189100039.752530
CHINA PAPER HOLDINGS LIMITEDShort1/24/20110.155500000034.162124
CHIP ENG SENG CORPORATION LTDShort1/24/20110.435141700035.92427
LEADER ENVIRONMENTAL TECH LTDShort1/24/20110.2751157900033.732628
LORENZO INTERNATIONAL LIMITEDShort1/24/20110.1661900044.073053
NOBEL DESIGN HOLDINGS LTDShort1/24/20110.2727400023.64142
OCEANUS GROUP LIMITEDShort1/24/20110.29739200024.971720

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