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

Thursday, July 15, 2010

Scan 15 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COSMOSTEEL HOLDINGS LIMITEDLong7/15/20100.20531000025.353532
CSE GLOBAL LTDLong7/15/20100.93433600020.592621
GUANGZHAO IND FOREST BIOGRPLTDLong7/15/20100.0416200034.913227
SPICE I2I LIMITEDLong7/15/20100.17857800022.912220
UNITED FIBER SYSTEM LIMITEDLong7/15/20100.052324800023.772821
CHINA BEARING (SINGAPORE) LTD.Short7/15/20100.04513500026.364652
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