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, January 19, 2010

Scan 19 Jan 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
LANKOM ELECTRONICS LIMITEDLong1/19/20100.0721100020.026532
ONIONTECH LIMITEDLong1/19/20100.0432200033.396535
PARKWAY HLDGS LTDLong1/19/20102.94264900035.543027
ADAMPAK LIMITEDShort1/19/20100.2422000020.233541
HONGWEI TECHNOLOGIES LIMITEDShort1/19/20100.26201500035.362630
MULTI-CHEM LIMITEDShort1/19/20100.1457300029.742768
SEE HUP SENG LIMITEDShort1/19/20100.295344600020.652123
TECHNICS OIL & GAS LIMITEDShort1/19/20100.5154800029.932641
UNITED INDUSTRIAL CORP LTDShort1/19/20102.0815000033.552729

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