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

Tuesday, August 31, 2010

Scan 31 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHEMOIL ENERGY LIMITEDLong8/31/20100.3318000020.363831
KS ENERGY SERVICES LIMITEDLong8/31/20101.0623500034.743516
ALLIED TECHNOLOGIES LIMITEDShort8/31/20100.07550400023.232941
BENG KUANG MARINE LIMITEDShort8/31/20100.2251410400031.883234
CSC HOLDINGS LTDShort8/31/20100.14589800026.891220
HOTEL PROPERTIES LTDShort8/31/20102.826700023.532130
JADASON ENTERPRISES LTDShort8/31/20100.0958300020.11724
SAMKO TIMBER LIMITEDShort8/31/20100.0660000022.42940
SIN HENG HEAVY MACHINERY LTDShort8/31/20100.18111500020.652529
TIME WATCH INVESTMENTS LIMITEDShort8/31/20100.175117300024.022324

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