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, July 7, 2010

Scan 7 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
UNITED PULP & PAPER CO. LTDShort5/7/20100.17689700031.872123
CHINA ERATAT SPORTS FASHIONLTDLong7/7/20100.145189200024.443632
HOCK LIAN SENG HOLDINGS LTDLong7/7/20100.26517300024.543725
FRASERS COMMERCIAL TRUSTShort7/7/20100.14205700022.051518
FUXING CHINA GROUP LIMITEDShort7/7/20100.125421800021.022341
SAMKO TIMBER LIMITEDShort7/7/20100.0617000030.994455
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