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

Thursday, October 22, 2009

Scan 21 Oct 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASA GROUP HOLDINGS LTDLong10/21/20090.0649400032.673831
REYOUNG PHARM HOLDINGS LIMITEDLong10/21/20090.2753700041.496531
ASCENDAS REAL ESTATE INV TRUSTShort10/21/20091.821240600026.921821
CHINA PAPER HOLDINGS LIMITEDShort10/21/20090.21522000021.123235
LANTROVISION (S) LTDShort10/21/20090.0315000025.092837
MEIBAN GROUP LTDShort10/21/20090.3198400021.932328
NTI INTERNATIONAL LIMITEDShort10/21/20090.0545000021.273848
PROGEN HOLDINGS LTDShort10/21/20090.0913000020.632845
SAIZEN REAL ESTATE INV TRUSTShort10/21/20090.135168700026.622427
SANTAK HOLDINGS LIMITEDShort10/21/20090.15516600039.882766
SMRT CORPORATION LTDShort10/21/20091.68158300024.022024

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