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, October 19, 2010

Scan 19 Oct 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
LOW KENG HUAT (SINGAPORE) LTDLong10/19/20100.46571000049.043717
SURFACE MOUNT TECH (HLDGS) LTDLong10/19/20100.11260000026.794939
ANWELL TECHNOLOGIES LIMITEDShort10/19/20100.54512200024.353031
CHEMOIL ENERGY LIMITEDShort10/19/20100.33521300030.852427
F J BENJAMIN HOLDINGS LTDShort10/19/20100.42260000052.22025
RAFFLES MEDICAL GROUP LTDShort10/19/20102.2117100034.022436
VENTURE CORPORATION LIMITEDShort10/19/20109.2758100034.32526

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