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

Tuesday, August 23, 2011

Scan 22 Aug 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADDVALUE TECHNOLOGIES LTDLong8/22/20110.058341900026.912927
SUNMOON FOOD COMPANY LIMITEDLong8/22/20110.00250000025.913330
TRAVELITE HOLDINGS LTD.Long8/22/20110.18518000033.551000
YOMA STRATEGIC HOLDINGS LTDLong8/22/20110.07912100035.534745
CONTEL CORPORATION LIMITEDShort8/22/20110.2888100022.873738
HENG LONG INTERNATIONAL LTD.Short8/22/20110.4642800023.543135
SINOSTAR PEC HOLDINGS LIMITEDShort8/22/20110.1428000027.22633

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