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, October 12, 2010

Scan 12 Oct 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHEUNG WOH TECHNOLOGIES LTDLong10/12/20100.3193000022.232825
CHINA MERCHANTS HLDGS(PACIFIC)Long10/12/20100.73523900022.254131
ASTI HOLDINGS LIMITEDShort10/12/20100.11191700030.532330
JAYA HOLDINGS LTDShort10/12/20100.67313100027.62531
SINOTEL TECHNOLOGIES LTD.Short10/12/20100.35161000020.042629
STARHILL GLOBAL REITShort10/12/20100.59218800025.521417
THE STYLE MERCHANTS LIMITEDShort10/12/20100.04120000033.011927
ULTRO TECHNOLOGIES LIMITEDShort10/12/20100.05536800025.474145

No comments: