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

Friday, April 8, 2011

Scan 7 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA BEARING (SINGAPORE) LTD.Long4/7/20110.0553000030.95644
CHINA ENERGY LIMITEDLong4/7/20110.125179700034.513321
FABCHEM CHINA LIMITEDLong4/7/20110.20527800023.235143
KTL GLOBAL LIMITEDLong4/7/20110.37492600037.932822
MERCATOR LINES (SINGAPORE) LTDLong4/7/20110.24272700024.183326
QIAN HU CORPORATION LIMITEDLong4/7/20110.1330500022.645542
CAPITAMALL TRUSTShort4/7/20111.86749400023.092123
COSMOSTEEL HOLDINGS LIMITEDShort4/7/20110.17512400025.463944
MIYOSHI PRECISION LIMITEDShort4/7/20110.1236500041.62632
PETRA FOODS LIMITEDShort4/7/20111.6113200021.482543

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