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

Monday, May 24, 2010

Scan 24 May 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA HAIDA LTD.Long5/24/20100.1130000031.157227
DBXT CSI300 ETF 10Long5/24/20108.9612308022.942725
POPULAR HOLDINGS LIMITEDLong5/24/20100.14516800029.53129
RAMBA ENERGY LIMITEDLong5/24/20100.42591600024.353230
ROWSLEY LTD.Long5/24/20100.14787100020.283224
SINO CONSTRUCTION LIMITEDLong5/24/20100.117500026.53129
SMRT CORPORATION LTDLong5/24/20102.14161200024.853025
STAR PHARMACEUTICAL LIMITEDLong5/24/20100.10543300035.913129
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