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, April 13, 2010

Scan 13 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INNO-PACIFIC HOLDINGS LTDLong4/13/20100.025113500040.244226
VICPLAS INTERNATIONAL LTDLong4/13/20100.0858500032.424630
GOODPACK LIMITEDShort4/13/20101.71213200050.652730
IPCO INT'L LIMITEDShort4/13/20100.02201000025.292026
KXD DIGITAL ENTERTAINMENT LTDShort4/13/20100.0150000027.354449
PAN HONG PROPERTY GROUP LTDShort4/13/20100.62527400034.012325
QIAN HU CORPORATION LIMITEDShort4/13/20100.14510400031.622229
SAIZEN REAL ESTATE INV TRUSTShort4/13/20100.17224100022.382230
UNIONMET (SINGAPORE) LIMITEDShort4/13/20100.0523000030.84044

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