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

Monday, December 13, 2010

Scan 13 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CH OFFSHORE LTDLong12/13/20100.48553500043.313522
EUCON HOLDING LIMITEDLong12/13/20100.045120000025.944442
HG METAL MANUFACTURING LTDLong12/13/20100.125300021.112419
HOE LEONG CORPORATION LTD.Long12/13/20100.27569200025.762120
M DEVELOPMENT LTD.Long12/13/20100.0347500043.355439
METRO HOLDINGS LIMITEDLong12/13/20100.82526700026.723522
PERTAMA HOLDINGS LIMITEDLong12/13/20100.47304500024.077123
SING HOLDINGS LIMITEDLong12/13/20100.32523500021.023229
SINWA LIMITEDLong12/13/20100.2139000030.772927
HONGKONG LAND HOLDINGS LIMITEDShort12/13/20106.97248800022.832123
PETRA FOODS LIMITEDShort12/13/20101.6236000028.773542
WEE HUR HOLDINGS LTD.Short12/13/20100.49511900035.472829

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