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

Monday, March 7, 2011

Scan 7 Mar 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA FIBRETECH LTD.Long3/7/20110.075164600022.922725
ECOWISE HOLDINGS LIMITEDLong3/7/20110.105473400022.443430
PEOPLE'S FOOD HOLDINGS LIMITEDLong3/7/20110.81557800026.752725
POH TIONG CHOON LOGISTICS LTDLong3/7/20110.43521000022.193937
SOUND GLOBAL LTD.Long3/7/20110.735242300041.013029
AMPLEFIELD LIMITEDShort3/7/20110.01520300035.174356
BEYONICSTECHNOLOGY LIMITEDShort3/7/20110.18130700024.312546
CACHE LOGISTICS TRUSTShort3/7/20110.94215300022.22223
FORELAND FABRICTECH HLDS LTDShort3/7/20110.115414500029.972526

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