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

Friday, April 23, 2010

Scan 23 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACHIEVA LIMITEDLong4/23/20100.11477300032.962922
ADAMPAK LIMITEDLong4/23/20100.295283400028.095226
CHINA POWERPLUS LIMITEDLong4/23/20100.05548500022.154941
EASTERN ASIA TECHNOLOGY LTDLong4/23/20100.12290000020.063926
HG METAL MANUFACTURING LTDLong4/23/20100.12300300035.072319
INNOVALUES LIMITEDLong4/23/20100.19347700024.243122
SPINDEX INDUSTRIES LIMITEDLong4/23/20100.2812000022.664831
AZTECH GROUP LTD.Short4/23/20100.245620000044.732535
CHINA XLX FERTILISER LTD.Short4/23/20100.58618700022.562128
KYODO-ALLIED INDUSTRIES LTDShort4/23/20100.05517500026.664258
ROTARY ENGINEERING LIMITEDShort4/23/20101.09306400029.462731
TECKWAH INDUSTRIAL CORP LTDShort4/23/20100.33536100036.912224

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