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, March 29, 2011

Scan 28 Mar 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHEMOIL ENERGY LIMITEDLong3/28/20110.3326200022.224529
COMFORTDELGRO CORPORATION LTDLong3/28/20111.54646800026.872420
MANDARIN ORIENTAL INTL LTDLong3/28/20112.2335300027.183728
PSL HOLDINGS LTDLong3/28/20110.22596600031.715324
SMB UNITED LIMITEDLong3/28/20110.25534900038.314325
WANXIANG INTERNATIONAL LIMITEDLong3/28/20110.17515400020.85247
C & O PHARM TECH (HLDGS) LTDShort3/28/20110.37531100026.182427
CAPITALAND LIMITEDShort3/28/20113.331054500027.692425
CITYSPRING INFRASTRUCT TRUSTShort3/28/20110.54545800035.591924
CSE GLOBAL LTDShort3/28/20111.21101400020.742324
DMX TECHNOLOGIES GROUP LTDShort3/28/20110.36106600020.562527
EAGLE BRAND HOLDINGS LTDShort3/28/20110.0141000038.763852
FALCON ENERGY GROUP LIMITEDShort3/28/20110.3534400033.212632
GOODPACK LIMITEDShort3/28/20111.9425300035.253032
MEIBAN GROUP LTDShort3/28/20110.31515200021.162628
PACIFIC CENTURY REGIONAL DEVTSShort3/28/20110.195121900034.363034
SWIBER HOLDINGS LIMITEDShort3/28/20110.81153800029.762630
SYNEAR FOOD HOLDINGS LIMITEDShort3/28/20110.165165900046.412527
TECKWAH INDUSTRIAL CORP LTDShort3/28/20110.32536300020.832934

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