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

Tuesday, December 28, 2010

Scan 28 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BIOSENSORS INT'L GROUP LTD.Long12/28/20101.141096500020.42120
DYNAMIC COLOURS LIMITEDLong12/28/20100.1118900027.126238
EDMI LIMITEDLong12/28/20100.32105800029.354722
EUROPTRONIC GROUP LTDLong12/28/20100.025102900032.183330
HERSING CORPORATION LTDLong12/28/20100.2835100022.362820
MANDARIN ORIENTAL INTL LTDLong12/28/20102.0518900023.532820
UNITED OVERSEAS BANK LTDLong12/28/201018.1102200023.272119
AZEUS SYSTEMS HOLDINGS LTD.Short12/28/20100.06579500043.032568
CACOLA FURNITURE INTL LIMITEDShort12/28/20100.0699500020.154446
TIANJIN ZHONG XIN PHARM GROUPShort12/28/20100.8953800031.362730

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