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 23, 2010

Scan 23 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ETIKA INTERNATIONAL HLDGS LTDLong12/23/20100.4641700024.543826
EZRA MBL ECW110201Long12/23/20100.105120600020.634035
ISHARES S&P500 IVV 10Long12/23/2010126.5546601028.696531
UNI-ASIA FINANCE CORPORATIONLong12/23/20100.27585700037.512623
BRC ASIA LIMITEDShort12/23/20100.1532800024.323040
CHINA FIBRETECH LTD.Short12/23/20100.08266100024.462526
HENGXIN TECHNOLOGY LTD.Short12/23/20100.35599100029.382628
MUN SIONG ENGINEERING LIMITEDShort12/23/20100.1932700022.271620
SOUTHERN PACKAGING GROUP LTDShort12/23/20100.14530000025.143957
WEE HUR HOLDINGS LTD.Short12/23/20100.4937600021.532628

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