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, June 3, 2011

Scan 2 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA ENERGY LIMITEDLong6/2/20110.10524200037.542625
EXCELPOINT TECHNOLOGY LTDLong6/2/20110.06527300023.736038
FIRST SHIP LEASE TRUSTLong6/2/20110.3865700031.962624
ASIA ENTERPRISES HOLDING LTDShort6/2/20110.2922900027.922547
CSC HOLDINGS LTDShort6/2/20110.1320000020.012836
DBXT S&PASX 200 ETF 10Short6/2/201135.6519100023.834144
IS MSCI INDIA 100Short6/2/20117.2920690020.742627
MEIBAN GROUP LTDShort6/2/20110.29569900023.232930
NAM LEE PRESSED METAL INDS LTDShort6/2/20110.26516700023.034246
SABANA SHARI'AH COMPLIANT REITShort6/2/20110.92121700027.352326
SAMKO TIMBER LIMITEDShort6/2/20110.19305200025.572729
SPICE I2I LIMITEDShort6/2/20110.05130500029.22614

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