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, March 18, 2010

Scan 18 Mar 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EXCELPOINT TECHNOLOGY LTDLong3/18/20100.05510900025.415524
AMPLEFIELD LIMITEDShort3/18/20100.0215000032.612344
CAPITACOMMERCIAL TRUSTShort3/18/20101.092474100021.781622
GENTING SINGAPORE PLCShort3/18/20100.9411073200025.822325
UNITED FOOD HOLDINGS LIMITEDShort3/18/20100.06558100020.214043
VGO CORPORATION LIMITEDShort3/18/20100.02515000029.454352

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