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, March 8, 2011

Scan 8 Mar 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AUSGROUP LIMITEDLong3/8/20110.375132200024.232723
BREADTALK GROUP LIMITEDLong3/8/20110.65539600020.043530
BRIGHT WORLD PRECISION MAC LTDLong3/8/20110.57313400021.972322
CDW HOLDING LIMITEDLong3/8/20110.0818500025.993325
EZION HOLDINGS LIMITEDLong3/8/20110.67262400022.172423
GUOCOLAND LIMITEDLong3/8/20112.4812000023.122524
HOE LEONG CORPORATION LTD.Long3/8/20110.389600022.553634
KSH HOLDINGS LIMITEDLong3/8/20110.2511100030.663225
QIAN FENG FABRIC TECH LIMITEDLong3/8/20110.1115600021.194741
SINGTELLong3/8/201132461300022.772623
STATS CHIPPAC LTDLong3/8/20110.80551200021.513728
UNION STEEL HOLDINGS LIMITEDLong3/8/20110.13121500022.025136
UNITED ENVIROTECH LTDLong3/8/20110.4325100029.932321
ZIWO HOLDINGS LTD.Long3/8/20110.34739500028.072925
CAPITARETAIL CHINA TRUSTShort3/8/20111.2355500022.221630
ELITE KSB HOLDINGS LIMITEDShort3/8/20110.27547200024.984555
FREIGHT LINKS EXPRESS HOLDINGSShort3/8/20110.06519200020.252227
STRAITS ASIA RESOURCES LIMITEDShort3/8/20112.44740600023.971921

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