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, September 15, 2010

Scan 15 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACTION ASIA LIMITEDLong9/15/20100.1923100022.43126
ARA ASSET MANAGEMENT LIMITEDLong9/15/20101.15246700023.062824
CHINA ENVIRONMENTAL RES GP LTDLong9/15/20100.015158000045.76436
FIRSTLINK INV CORP LTDLong9/15/20100.05514300024.263321
GRP LTDLong9/15/20100.21513200020.23528
GUANGZHAO IND FOREST BIOGRPLTDLong9/15/20100.045121300028.465039
MANDARIN ORIENTAL INTL LTDLong9/15/20101.3943100021.223129
UNITED FIBER SYSTEM LIMITEDLong9/15/20100.0618737299220.573211
HENG LONG INTERNATIONAL LTD.Short9/15/20100.325109800025.462433
HONGWEI TECHNOLOGIES LIMITEDShort9/15/20100.24103700026.542023

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