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

Saturday, August 27, 2011

Scan 26 Aug 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHANGTIAN PLASTIC & CHEM LTDLong8/26/20110.05972700026.323532
DBS SINGAPORE STI ETFLong8/26/20112.83255170032.023531
HANKORE ENVIRONMENT TEC GRPLTDLong8/26/20110.041462400023.393523
NAM CHEONG LIMITEDLong8/26/20110.1451443700026.843529
SHANGHAI ASIA HOLDINGS LIMITEDLong8/26/20110.1839200026.893736
SPDR GOLD SHARESLong8/26/2011174.9330501039.863634

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