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, June 15, 2011

Scan 14 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AZEUS SYSTEMS HOLDINGS LTD.Long6/14/20110.0750900033.385446
BIOSENSORS INT'L GROUP LTD.Long6/14/20111.27669300028.822221
CHINA GREAT LAND HOLDINGS LTD.Long6/14/20110.02513900089.026931
CHINASING INVESTMENT HLDG LTDLong6/14/20110.0122500035.325533
HOTUNG INVESTMENT HLDGS LTDLong6/14/20110.14527800026.023226
LI HENG CHEM FIBRE TECH LTDLong6/14/20110.135570200026.072924
ADDVALUE TECHNOLOGIES LTDShort6/14/20110.0417000022.033436
IPCO INT'L LIMITEDShort6/14/20110.0115000023.472643
LORENZO INTERNATIONAL LIMITEDShort6/14/20110.12526300030.023139
SP CORPORATION LIMITEDShort6/14/20110.255206000033.011417
UNITED INDUSTRIAL CORP LTDShort6/14/20112.8423800023.282123
YOUCAN FOODS INTERNATIONAL LTDShort6/14/20110.07542000022.39773

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