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, December 16, 2010

Scan 16 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HLH GROUP LIMITEDLong12/16/20100.0351563900032.061712
SC GLOBAL DEVELOPMENTS LTDLong12/16/20101.6211600021.842320
SIA ENGINEERING CO LTDLong12/16/20104.3384200022.342722
BIOSENSORS INT'L GROUP LTD.Short12/16/20101.161173300030.82224
FIRST RESOURCES LIMITEDShort12/16/20101.43250200020.062028
PERTAMA HOLDINGS LIMITEDShort12/16/20100.4715000024.984446
SINGAPORE REINSURANCE COR LTDShort12/16/20100.28513000032.872941
SINWA LIMITEDShort12/16/20100.2110900025.42127

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