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, July 21, 2011

Scan 21 July 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HENG LONG INTERNATIONAL LTD.Long7/21/20110.43515400020.373632
HG METAL MANUFACTURING LTDLong7/21/20110.10388600027.074130
HISAKA HOLDINGS LTD.Long7/21/20110.48364600025.221918
HYFLUX LTDLong7/21/20112.0285000024.612419
UNITED ENVIROTECH LTDLong7/21/20110.3553473300020.513925
LIANG HUAT ALUMINIUM LTDShort7/21/20110.00922100027.313340
LMA INTERNATIONAL N.V.Short7/21/20110.33516500020.484142
PSL HOLDINGS LTDShort7/21/20110.371296900038.192629
THE HOUR GLASS LIMITEDShort7/21/20111.2245000035.732628
THE STYLE MERCHANTS LIMITEDShort7/21/20110.01420000021.073241

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