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 5, 2010

Scan 5 Oct 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DYNAMIC COLOURS LIMITEDLong10/5/20100.11513300040.025941
LIAN BENG GROUP LTDLong10/5/20100.3475400030.872518
EDMI LIMITEDShort10/5/20100.31105200020.323439
MEMTECH INTERNATIONAL LTDShort10/5/20100.1118900028.813540
QAF LTDShort10/5/20100.650900021.933043

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)