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

Saturday, November 27, 2010

Scan 26 Nov 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASL MARINE HOLDINGS LTDLong11/26/20100.915154600040.534825
DARCO WATER TECHNOLOGIES LTDLong11/26/20100.07510900021.435141
HG METAL MANUFACTURING LTDLong11/26/20100.146900028.231811
CHINA GAOXIAN FIBREFAB HLDGLTDShort11/26/20100.2351363300024.682226
CHIP ENG SENG CORPORATION LTDShort11/26/20100.40535200026.052427
FIRST RESOURCES LIMITEDShort11/26/20101.38405100025.782427
GEMS TV HOLDINGS LIMITEDShort11/26/20100.0498500024.392832
SEMBCORP MARINE LTDShort11/26/20104.841594000032.522630
SUNVIC CHEMICAL HOLDINGS LTDShort11/26/20100.6898400029.452326
TUAN SING HOLDINGS LIMITEDShort11/26/20100.2235200020.053034

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