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

Wednesday, December 8, 2010

Scan 8 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EZION HOLDINGS LIMITEDLong12/8/20100.691001700025.752221
FU YU CORPORATION LTDLong12/8/20100.125387500020.273426
INNO-PACIFIC HOLDINGS LTDLong12/8/20100.015100000021.945333
LIPPO-MAPLETREEINDORETAILTRUSTLong12/8/20100.525246700021.991812
TYE SOON LTDLong12/8/20100.12517300022.974435
YAMADA GREEN RESOURCES LIMITEDLong12/8/20100.265781400021.842822
ABTERRA LTDShort12/8/20101.2878600020.232324
FREIGHT LINKS EXPRESS HOLDINGSShort12/8/20100.0752072500026.751719
MEMSTAR TECHNOLOGY LTD.Short12/8/20100.06538500020.661321
STRAITS ASIA RESOURCES LIMITEDShort12/8/20102.531027800033.32425

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