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 9, 2011

Scan 8 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACE ACHIEVE INFOCOM LIMITEDLong6/8/20110.04185000063.74637
HEETON HOLDINGS LIMITEDLong6/8/20110.47512600033.564847
HTL INT'L HOLDINGS LIMITEDLong6/8/20110.47547900044.413834
JADASON ENTERPRISES LTDLong6/8/20110.0823000022.53927
PSL HOLDINGS LTDLong6/8/20110.24703100025.184426
SAMKO TIMBER LIMITEDLong6/8/20110.237217200021.494024
K-GREEN TRUSTShort6/8/20111.04153300039.451518
TRANSPAC INDUSTRIAL HLDGS LTDShort6/8/20112.3863400022.182728

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