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, January 5, 2011

Scan 5 Jan 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINASING INVESTMENT HLDG LTDLong1/5/20110.01166400047.387030
NOEL GIFTS INTERNATIONAL LTDLong1/5/20110.2210600029.026631
PASSION HOLDINGS LIMITEDLong1/5/20110.20544800023.334033
SAKAE HOLDINGS LTD.Long1/5/20110.2119000023.446035
SUNRAY HOLDINGS LIMITEDLong1/5/20110.0333500021.795544
DUTECH HOLDINGS LIMITEDShort1/5/20110.2112600029.944454
EUROPTRONIC GROUP LTDShort1/5/20110.025389000026.113233
GLOBAL TECH (HLDGS) LIMITEDShort1/5/20110.01860000233664
TRAVELITE HOLDINGS LTD.Short1/5/20110.18520500064.022770

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