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

Wednesday, June 23, 2010

Scan 23 Jun 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SAIZEN REAL ESTATE INV TRUSTLong6/23/20100.1610600022.293833
SAN TEH LIMITEDLong6/23/20100.3272600020.163628
UNIONMET (SINGAPORE) LIMITEDLong6/23/20100.0525700047.424237
ZIWO HOLDINGS LTD.Long6/23/20100.27152000037.194325
EASTERN ASIA TECHNOLOGY LTDShort6/23/20100.09539000034.873741
HENGXIN TECHNOLOGY LTD.Short6/23/20100.3212500021.223536
TECKWAH INDUSTRIAL CORP LTDShort6/23/20100.2931800022.33435
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