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 7, 2011

Scan 7 Jul 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BOARDROOM LIMITEDLong7/7/20110.5411000022.63025
MEIBAN GROUP LTDLong7/7/20110.29556800024.234234
ROTARY ENGINEERING LIMITEDLong7/7/20110.8413300033.492322
BEST WORLD INTERNATIONAL LTDShort7/7/20110.1822600028.473436
ERATAT LIFESTYLE LIMITEDShort7/7/20110.17565500027.922428
JES INTERNATIONAL HOLDINGS LTDShort7/7/20110.255185900023.131819
QINGMEI GROUP HOLDINGS LIMITEDShort7/7/20110.19533200028.012527
SEMBCORP MARINE DBS ECW110930Short7/7/20110.08512000040.052470
THE THINK ENVIRONMENTAL CO LTDShort7/7/20110.8251292900020.032935
UNITED ENGINEERS LTD ORDShort7/7/20112.1813600021.472425

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