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, October 15, 2010

Scan 14 Oct 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA FIBRETECH LTD.Long10/14/20100.09602700021.234426
COSMOSTEEL HOLDINGS LIMITEDLong10/14/20100.22528100022.043832
JAYA HOLDINGS LTDLong10/14/20100.7154958700026.314123
NICO STEEL HOLDINGS LIMITEDLong10/14/20100.09522400023.15644
WILMAR INTERNATIONAL LIMITEDLong10/14/20106.413844300022.683517
YANLORD LAND GROUP LIMITEDLong10/14/20101.82664100024.042724
ADROIT INNOVATIONS LIMITEDShort10/14/20100.0220900028.644245
ASCENDAS INDIA TRUSTShort10/14/20101.0275100033.511315
MIYOSHI PRECISION LIMITEDShort10/14/20100.135632000036.262353
SARIN TECHNOLOGIES LTDShort10/14/20100.56222700029.252742
SUNSHINE HOLDINGS LIMITEDShort10/14/20100.0845600030.382327
TELEDATA (SINGAPORE) LTDShort10/14/20100.0356000052.443947
VIBROPOWER CORPORATION LIMITEDShort10/14/20100.08313100048.433250

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