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

Wednesday, July 13, 2011

Scan 13 Jul 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA MERCHANTS HLDGS(PACIFIC)Long7/13/20110.55511500030.563633
CONTEL CORPORATION LIMITEDLong7/13/20110.26128100041.946138
HONG LEONG ASIA LTD.Long7/13/20112.317000026.53129
JETS TECHNICS INTL HLDGS LTDLong7/13/20110.01320000038.325333
SM SUMMIT HOLDINGS LTDLong7/13/20110.156157300025.182621
ULTRO TECHNOLOGIES LIMITEDLong7/13/20110.02126700035.474539
ERATAT LIFESTYLE LIMITEDShort7/13/20110.17420600021.312629
GREAT GROUP HOLDINGS LIMITEDShort7/13/20110.15535400022.873746
SMRT CORPORATION LTDShort7/13/20111.885206800031.931731

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