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

Saturday, April 16, 2011

Scan 15 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACTION ASIA LIMITEDLong4/15/20110.17517600023.015429
CHINA TAISAN TECH GRP HLDGSLTDLong4/15/20110.167380100021.682117
KEPPEL LAND MBL ECW110701Long4/15/20110.1726000021.414338
NICO STEEL HOLDINGS LIMITEDLong4/15/20110.0923100025.454746
CHINA BEARING (SINGAPORE) LTD.Short4/15/20110.04569800024.623862
EZRA HOLDINGS LIMITEDShort4/15/20111.75700700020.682123
HI-P INTERNATIONAL LIMITEDShort4/15/20111.1939100020.682021
PCI LTDShort4/15/20110.557700025.861517
SINWA LIMITEDShort4/15/20110.19543200020.22432
SYNEAR FOOD HOLDINGS LIMITEDShort4/15/20110.175308200023.481819
VENTURE CORPORATION LIMITEDShort4/15/20119.44191000212426

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