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 8 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALLIED TECHNOLOGIES LIMITEDLong4/8/20110.0749700027.076728
ANNAIK LIMITEDLong4/8/20110.10520000041.726435
CAMBRIDGE INDUSTRIAL TRUSTLong4/8/20110.505278200026.671514
CAPITAMALL TRUSTLong4/8/20111.88425300021.462221
CHINA INTERNATIONAL HLDGS LTDLong4/8/20110.0626000021.054745
HU AN CABLE HOLDINGS LTD.Long4/8/20110.38284800022.82721
INDOFOOD AGRI RESOURCES LTD.Long4/8/20112.321660800024.012421
LUZHOU BIO-CHEM TECHNOLOGY LTDLong4/8/20110.09598900034.253321
SINO TECHFIBRE LIMITEDLong4/8/20110.0973200024.342522
LEEDEN LIMITEDShort4/8/20110.461400021.272850
OUHUA ENERGY HOLDINGS LIMITEDShort4/8/20110.06515000029.753548
SUPERBOWL HOLDINGS LIMITEDShort4/8/20110.2610100026.483651

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