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

Wednesday, September 1, 2010

Scan 1 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALLIED TECHNOLOGIES LIMITEDLong9/1/20100.0867900021.833935
ASCENDAS REAL ESTATE INV TRUSTLong9/1/20102.12615800020.983018
BENG KUANG MARINE LIMITEDLong9/1/20100.2352822300029.963732
SIA ENGINEERING CO LTDLong9/1/20104.2103400023.512825
SIN HENG HEAVY MACHINERY LTDLong9/1/20100.2248600020.33223
TIGER AIRWAYS HOLDINGS LIMITEDLong9/1/20101.94297700022.562726
WHEELOCK PROPERTIES (S) LTDLong9/1/20101.8226400027.992622
GLOBAL TESTING CORPORATION LTDShort9/1/20100.07533600032.552737
LIFEBRANDZ LTD.Short9/1/20100.01300200023.053565

No comments: