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, August 18, 2010

Scan 18 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALLGREEN PROPERTIES LTDLong8/18/20101.14198800025.922217
ASTI HOLDINGS LIMITEDLong8/18/20100.11213700030.932926
BIOSENSORS INT'L GROUP LTD.Long8/18/20100.81655900022.722620
HEALTH MANAGEMENT INTL LTDLong8/18/20100.145278900021.644332
WING TAI HLDGS LTDLong8/18/20101.7290600026.272726
AEM HOLDINGS LTDShort8/18/20100.0411000032.123244
A-SONIC AEROSPACE LIMITEDShort8/18/20100.075167900043.33339
HOE LEONG CORPORATION LTD.Short8/18/20100.34103800031.821718
SINOPIPE HOLDINGS LIMITEDShort8/18/20100.16533000021.463437
SUNVIC CHEMICAL HOLDINGS LTDShort8/18/20100.32217400036.712829
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