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, March 23, 2011

Scan 22 Mar 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AMTEK ENGINEERING LTDLong3/22/20111.17110400032.182726
BEYONICSTECHNOLOGY LIMITEDLong3/22/20110.19521700027.253822
C & O PHARM TECH (HLDGS) LTDLong3/22/20110.3950100033.022624
CHINA ENVIRONMENT LTD.Long3/22/20110.19594600020.533426
RAMBA ENERGY LIMITEDLong3/22/20110.465512100032.372922
SATS LTD.Long3/22/20112.59206000028.982120
SEE HUP SENG LIMITEDLong3/22/20110.2127200034.913529
SINGAPORE EXCHANGE LIMITEDLong3/22/20117.88607600044.893029
TAT HONG HOLDINGS LTDLong3/22/20110.84520900023.392624
TIONG SENG HOLDINGS LIMITEDLong3/22/20110.23528900030.013533
XINREN ALUMINUM HOLDINGS LTDLong3/22/20110.45741500021.212219
CHINA OILFIELD TEC SVCS GRPLTDShort3/22/20110.0712300023.72531
EDMI LIMITEDShort3/22/20110.30532600026.393335
INNO-PACIFIC HOLDINGS LTDShort3/22/20110.00553300020.453363

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