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 24, 2011

Scan 23 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
LEE METAL GROUP LTDLong6/23/20110.22517900025.93328
SUN EAST GROUP LIMITEDLong6/23/20110.0121100034.644229
BAKER TECHNOLOGY LIMITEDShort6/23/20110.3386100021.11819
BIOSENSORS INT'L GROUP LTD.Short6/23/20111.26194900020.641920
MICRO-MECHANICS (HOLDINGS) LTDShort6/23/20110.4711000021.434153
POPULAR HOLDINGS LIMITEDShort6/23/20110.1680100022.652940
SP CORPORATION LIMITEDShort6/23/20110.2672100029.751720

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