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

Friday, September 24, 2010

Scan 23 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA FARM EQUIPMENT LIMITEDLong9/23/20100.27585000028.143534
FRAGRANCE GROUP LIMITEDLong9/23/20100.705407500022.118312
HOTUNG INVESTMENT HLDGS LTDLong9/23/20100.125500035.133624
SIN GHEE HUAT CORPORATION LTD.Long9/23/20100.27526000022.143433
SP CORPORATION LIMITEDLong9/23/20100.145114100023.23524
PSL HOLDINGS LTDShort9/23/20100.23578400020.494056
ULTRO TECHNOLOGIES LIMITEDShort9/23/20100.0542000027.982847

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