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

Monday, September 19, 2011

Scan 19 Sep 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ABF SPORE BOND INDEX FUND ETFLong9/19/20111.330000027.486233
TELEDATA (SINGAPORE) LTDLong9/19/20110.0114600023.925043
ADV INTEGRATED MFG CORP LTDShort9/19/20110.09820000037.194455
HUTCHISON PORT HOLDINGS TRUSTShort9/19/20110.651819800020.312228
SINGAPORE AIRLINES LTDShort9/19/201110.87122600032.142531
UNI-ASIA FINANCE CORPORATIONShort9/19/20110.15124000020.883537

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