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

Thursday, June 23, 2011

Scan 22 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DRAGON GROUP INTL LIMITEDLong6/22/20110.0616200033.565738
IPC CORPORATION LIMITEDLong6/22/20110.1312300020.335233
SARIN TECHNOLOGIES LTDLong6/22/20110.87585000027.93428
SMB UNITED LIMITEDLong6/22/20110.23525300020.963635
SP CORPORATION LIMITEDLong6/22/20110.26125100031.561917
TREASURY CHINA TRUSTLong6/22/20112.0114100024.663231
TYE SOON LTDLong6/22/20110.16565800031.815538

No comments: