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, May 13, 2009

Scan 13 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BRIGHT WORLD PRECISION MAC LTDLong13-May-090.14531800039.353931
INNOTEK LIMITEDLong13-May-090.1873900026.143027
PROGEN HOLDINGS LTDLong13-May-090.05517500024.224139
PSL HOLDINGS LTDLong13-May-090.1920300028.45036
SINO-ENVIRONMENT TECH GRP LTDLong13-May-090.147899300022.593323
VICPLAS INTERNATIONAL LTDLong13-May-090.0714200023.274238
ZHONGGUO PENGJIE FABRICS LTDLong13-May-090.18518400043.57624
AZEUS SYSTEMS HOLDINGS LTD.Short13-May-090.0515700037.422149
CHINA ANGEL FOOD LIMITEDShort13-May-090.09528000026.284156
COMPACT METAL INDUSTRIES LTDShort13-May-090.0130000031.483049
NEW LAKESIDE HOLDINGS LIMITEDShort13-May-090.03530000020.753143
TECHCOMP (HOLDINGS) LIMITEDShort13-May-090.2310800023.384250

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