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, July 13, 2010

Scan 13 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DRAGON GROUP INTL LIMITEDLong7/13/20100.0534000025.237327
EZRA HOLDINGS LIMITEDLong7/13/20101.861406600020.192221
FULL APEX (HOLDINGS) LIMITEDLong7/13/20100.18521300037.864427
PARKWAYLIFE REITLong7/13/20101.3853600024.472216
AEI CORPORATION LTDShort7/13/20100.16564800022.593233
LION ASIAPAC LTDShort7/13/20100.235200300044.792848
UNITED FIBER SYSTEM LIMITEDShort7/13/20100.05379800026.32629

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