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, September 7, 2010

Scan 7 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DEVOTION ENERGY GROUP LIMITEDLong9/7/20100.061646500039.676832
HONG LEONG ASIA LTD.Long9/7/20103.56213800027.393226
KIAN HO BEARINGS LTDLong9/7/20100.1833400024.214834
SAIZEN REAL ESTATE INV TRUSTLong9/7/20100.16633400029.112115
SOUTHERN PACKAGING GROUP LTDLong9/7/20100.14510500021.94947
CEI CONTRACT MANUFACTURING LTDShort9/7/20100.1212000024.194243
EZION HOLDINGS LIMITEDShort9/7/20100.645302400020.942225
REYPHON AGRICEUTICAL LIMITEDShort9/7/20100.116700032.434048

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