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, December 31, 2010

Scan 31 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ENVIRO-HUB HOLDINGS LTDLong12/31/20100.12105600031.967225
FORTUNE REAL ESTATE INV TRUSTLong12/31/2010441000025.462017
HONGWEI TECHNOLOGIES LIMITEDLong12/31/20100.265585800024.043330
JARDINE CYCLE & CARRIAGE LTDLong12/31/201036.620500039.872519
SUNRAY HOLDINGS LIMITEDLong12/31/20100.03529200024.045841
THAI BEVERAGE PUBLIC CO LTDLong12/31/20100.285103100028.562017

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