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

Friday, July 9, 2010

Scan 9 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALLGREEN PROPERTIES LTDLong7/9/20101.081023300020.12220
DARCO WATER TECHNOLOGIES LTDLong7/9/20100.07513000021.614436
PHARMESIS INTERNATIONAL LTD.Long7/9/20100.05519600023.154842
PNE INDUSTRIES LTDLong7/9/20100.07522900020.516131
PT BERLIAN LAJU TANKER TBKLong7/9/20100.051833000026.412926
RADIANCE GROUP LIMITEDLong7/9/20100.09735400028.945137
RAFFLES EDUCATION CORP LIMITEDLong7/9/20100.323108100059.563020
SWING MEDIA TECHNOLOGY GRP LTDLong7/9/20100.051700300031.472320
THE THINK ENVIRONMENTAL CO LTDLong7/9/20100.411545000242923
ACE ACHIEVE INFOCOM LIMITEDShort7/9/20100.07515700041.842966
FUNG CHOI MEDIA GROUP LIMITEDShort7/9/20100.1530100025.811619
SOUTHERN PACKAGING GROUP LTDShort7/9/20100.14518000032.124056
SUNSHINE HOLDINGS LIMITEDShort7/9/20100.06556600021.23638

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