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

Friday, September 16, 2011

Scan 15 Sep 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
C&G ENV PROTECT HLDGS LTDLong9/15/20110.156387100020.814537
CENTILLION ENV & RECYC LIMITEDLong9/15/20110.00226100033.414236
LIANG HUAT ALUMINIUM LTDLong9/15/20110.00929400021.173426
MARCO POLO MARINE LTD.Long9/15/20110.36467700028.73330
Q & M DENTAL GROUP (S) LIMITEDLong9/15/20110.78512400027.53628
UNI-ASIA FINANCE CORPORATIONLong9/15/20110.16184300023.44235
CHINA FARM EQUIPMENT LIMITEDShort9/15/20110.26510100069.341783
MAPLETREE COMMERCIAL TRUSTShort9/15/20110.845334500021.471618
TELEDATA (SINGAPORE) LTDShort9/15/20110.00956400026.364051

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