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, August 19, 2010

Scan 19 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BROTHERS (HOLDINGS) LIMITEDLong8/19/20100.1511100028.675040
CHINA GAOXIAN FIBREFAB HLDGLTDLong8/19/20100.18277600021.632120
GREAT GROUP HOLDINGS LIMITEDLong8/19/20100.2719700032.375528
HG METAL MANUFACTURING LTDLong8/19/20100.11830400022.92319
SINGAPORE LAND LIMITEDLong8/19/20106.7910900022.162520
SINOPIPE HOLDINGS LIMITEDLong8/19/20100.1729000020.353631
SMB UNITED LIMITEDLong8/19/20100.2564800029.213028
SUNVIC CHEMICAL HOLDINGS LTDLong8/19/20100.35565300034.583126
TAT HONG HOLDINGS LTDLong8/19/20100.9318600020.72826
THOMSON MEDICAL CENTRE LIMITEDLong8/19/20100.81513500027.592623
UNITED FIBER SYSTEM LIMITEDLong8/19/20100.057781300030.362519
UPP HOLDINGS LIMITEDLong8/19/20100.175782500027.882220
ARA ASSET MANAGEMENT LIMITEDShort8/19/20101.1650200022.032627
EUCON HOLDING LIMITEDShort8/19/20100.0519200021.393243
JIUTIAN CHEMICAL GROUP LIMITEDShort8/19/20100.065230400022.871518

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