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, February 17, 2011

Scan 16 Feb 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HISAKA HOLDINGS LTD.Long2/16/20110.44527900032.552826
KINGBOARD COPPER FOIL HDGS LTDLong2/16/20110.3840900047.724842
SCINTRONIX CORPORATION LTD.Long2/16/20110.0865000024.464037
SINGAPORE TECH ENGINEERING LTDLong2/16/20113.28492500025.792826
SINOPIPE HOLDINGS LIMITEDLong2/16/20110.26524500027.623733
BRIGHT WORLD PRECISION MAC LTDShort2/16/20110.575178200026.912027
DAPAI INTL HLDG CO. LTD.Short2/16/20110.21528100024.442327
NOBEL DESIGN HOLDINGS LTDShort2/16/20110.2811500020.534048
PEOPLE'S FOOD HOLDINGS LIMITEDShort2/16/20110.8843900036.222729
VIBROPOWER CORPORATION LIMITEDShort2/16/20110.0625900027.033543

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