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 3, 2011

Scan 2 Feb 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA HAIDA LTD.Long2/2/20110.0646100024.738316
CHIP ENG SENG CORPORATION LTDLong2/2/20110.4524500023.192422
HL GLOBAL ENTERPRISES LIMITEDLong2/2/20110.09520400025.064328
MUN SIONG ENGINEERING LIMITEDLong2/2/20110.225500024.532725
TECHCOMP (HOLDINGS) LIMITEDLong2/2/20110.43530000024.634430
TUAN SING HOLDINGS LIMITEDLong2/2/20110.3453067000026.513416
UOL GROUP LIMITEDLong2/2/20114.99117800022.852924
CACHE LOGISTICS TRUSTShort2/2/20110.975101100033.912325
CHOSEN HOLDINGS LIMITEDShort2/2/20110.1640600020.232040

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