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, July 27, 2011

Scan 27 July 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA PAPER HOLDINGS LIMITEDLong7/27/20110.10715200023.952927
DARCO WATER TECHNOLOGIES LTDLong7/27/20110.05711500038.694138
ENVIRO-HUB HOLDINGS LTDLong7/27/20110.13312600029.764236
GENTING SINGAPORE PLCLong7/27/20111.9228992998434.833123
LONGCHEER HOLDINGS LIMITEDLong7/27/20110.149124500032.543227
RICKMERS MARITIMELong7/27/20110.41126900033.143529
SURFACE MOUNT TECH (HLDGS) LTDLong7/27/20110.02485400031.864841
VALUETRONICS HOLDINGS LIMITEDLong7/27/20110.28110200031.033428
BRC ASIA LIMITEDShort7/27/20110.13218500033.222747
LANTROVISION (S) LTDShort7/27/20110.02929900037.974047
NICO STEEL HOLDINGS LIMITEDShort7/27/20110.0812100028.644257
VGO CORPORATION LIMITEDShort7/27/20110.02630800049.272349

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