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

Wednesday, October 20, 2010

Scan 20 Oct 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HOTUNG INVESTMENT HLDGS LTDLong10/20/20100.10565500022.922625
OSIM INTERNATIONAL LTDLong10/20/20101.091071500023.392624
THE STYLE MERCHANTS LIMITEDLong10/20/20100.04146500026.542116
ALLGREEN PROPERTIES LTDShort10/20/20101.16165100020.661821
ASIA POWER CORP LTDShort10/20/20100.1638000035.261924
CITYSPRING INFRASTRUCT TRUSTShort10/20/20100.6104900027.01914
COURAGE MARINE GROUP LIMITEDShort10/20/20100.18528300020.681718
DATAPULSE TECHNOLOGY LIMITEDShort10/20/20100.2453800034.12931
GLOBAL TESTING CORPORATION LTDShort10/20/20100.08236500023.142835
HAI LECK HOLDINGS LIMITEDShort10/20/20100.2815000024.693039
IPC CORPORATION LIMITEDShort10/20/20100.1315100033.433137
KINGSMEN CREATIVES LTDShort10/20/20100.60511400031.412534
MIRACH ENERGY LIMITEDShort10/20/20100.0974300023.33536
OCEANUS GROUP LIMITEDShort10/20/20100.33425600022.371518
SINGAPORE POST LIMITEDShort10/20/20101.18242400021.331820
STRAITS ASIA RESOURCES LIMITEDShort10/20/20102.28663600025.491923
TIONG SENG HOLDINGS LIMITEDShort10/20/20100.26536100028.72224

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