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, November 18, 2010

Scan 18 Nov 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BUND CENTER INVESTMENT LTDShort11/18/20100.265318300031.11466
CHINASING INVESTMENT HLDG LTDShort11/18/20100.0130000026.573168
FORTUNE REAL ESTATE INV TRUSTShort11/18/20104.0136200035.321847
GOODPACK LIMITEDShort11/18/20102.0440900023.122425
INDOFOOD AGRI RESOURCES LTD.Short11/18/20102.65599700023.182425
KINGBOARD COPPER FOIL HDGS LTDShort11/18/20100.3718400044.642255
K-REIT ASIAShort11/18/20101.36112000030.052324
L.C.DEVELOPMENT LTDShort11/18/20100.18157100021.841213
SPDR GOLD SHARESShort11/18/2010132.8817032022.072834
WILMAR INTERNATIONAL LIMITEDShort11/18/20106.251808800020.992530

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