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, April 12, 2011

Scan 12 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COSMOSTEEL HOLDINGS LIMITEDLong4/12/20110.17510900021.34540
MIYOSHI PRECISION LIMITEDLong4/12/20110.1225400034.62826
PCI LTDLong4/12/20110.568300031.772120
CHANGJIANG FERTILIZER HLGS LTDShort4/12/20110.2441000022.433647
CHANGTIAN PLASTIC & CHEM LTDShort4/12/20110.132500028.182829
DAPAI INTL HLDG CO. LTD.Short4/12/20110.17579700021.462930
FU YU CORPORATION LTDShort4/12/20110.1142000020.942935
FUXING CHINA GROUP LIMITEDShort4/12/20110.155106200024.722634
HEALTH MANAGEMENT INTL LTDShort4/12/20110.1254300031.763439
INDOFOOD AGRI RESOURCES LTD.Short4/12/20112.25649600021.352124
PSL HOLDINGS LTDShort4/12/20110.21529000022.062639
SIM LIAN GROUP LIMITEDShort4/12/20110.4414000028.843453
YANLORD LAND GROUP LIMITEDShort4/12/20111.55406800026.172329

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