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, January 12, 2011

Scan 12 Jan 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COMBINE WILL INTL HLDGS LTDLong1/12/20110.33387200032.693322
DUKANG DISTILLERS HLDGS LTDLong1/12/20110.89130800024.242726
KING WAN CORPORATION LIMITEDLong1/12/20110.1942800027.625136
RAMBA ENERGY LIMITEDLong1/12/20110.3436600026.914430
YHI INTERNATIONAL LIMITEDLong1/12/20110.28540500025.795240
CHINA AUTO ELECTRONICS GRP LTDShort1/12/20110.135870000234043
DEL MONTE PACIFIC LIMITEDShort1/12/20110.4558200025.933340
M DEVELOPMENT LTD.Short1/12/20110.02537900027.354158

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