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, January 7, 2010

Scan 7 Jan 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA SUNSINE CHEM HLDGS LTD.Long1/7/20100.265404600025.185422
NEW LAKESIDE HOLDINGS LIMITEDLong1/7/20100.03522000060.017723
SUN EAST GROUP LIMITEDLong1/7/20100.02586300029.98944
SUNWAY INTL HLDGS LTDLong1/7/20100.035147600077.725138
TT INTERNATIONAL LIMITEDLong1/7/20100.04528100022.123924
UNIDUX ELECTRONICS LIMITEDLong1/7/20100.04526500028.215841

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