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, September 30, 2010

Scan 29 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CASA HOLDINGS LIMITEDLong9/29/20100.07514000021.245141
KODA LTDLong9/29/20100.20511400032.674641
MIDAS HLDGS LIMITEDLong9/29/20100.991747100034.913526
ARMSTRONG INDUSTRIAL CORP LTDShort9/29/20100.43797800026.562022
KSH HOLDINGS LIMITEDShort9/29/20100.25517000022.822531
LMA INTERNATIONAL N.V.Short9/29/20100.28516000037.154146

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