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 25, 2010

Scan 25 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DRAGON GROUP INTL LIMITEDLong8/25/20100.04512000020.445941
CHINA POWERPLUS LIMITEDShort8/25/20100.0431000032.594042
CITYSPRING INFRASTRUCT TRUSTShort8/25/20100.60552100045.672022
GLOBAL YELLOW PAGES LIMITEDShort8/25/20100.18562100022.093334
HTL INT'L HOLDINGS LIMITEDShort8/25/20100.67569800026.042427
LOTTVISION LIMITEDShort8/25/20100.03510400027.733043
RAFFLES EDUCATION CORP LIMITEDShort8/25/20100.291533800024.391518
SAIZEN REAL ESTATE INV TRUSTShort8/25/20100.1653000028.091023
SOUTHERN PACKAGING GROUP LTDShort8/25/20100.1418000025.232858
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