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

Saturday, May 21, 2011

Scan 20 May 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HUTCHISON PORT HOLDINGS TRUSTLong5/20/20110.9352089300021.212120
INTERNET TECHNOLOGY GRP LTDLong5/20/20110.0812600029.185437
K1 VENTURES LIMITEDLong5/20/20110.1559500021.011614
WBL CORPORATION LIMITEDLong5/20/20113.810500033.464441
CDW HOLDING LIMITEDShort5/20/20110.0779000030.823247
DYNA-MAC HOLDINGS LTD.Short5/20/20110.61864500021.032527
FEDERAL INT(2000) LTDShort5/20/20110.0722100023.93340
HEALTH MANAGEMENT INTL LTDShort5/20/20110.11546500021.334042
PACIFIC CENTURY REGIONAL DEVTSShort5/20/20110.18586000027.63035

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