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, September 27, 2011

Scan 27 Sep 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOBAL TECH (HLDGS) LIMITEDLong9/27/20110.00459900039.095939
PEOPLE'S FOOD HOLDINGS LIMITEDLong9/27/20110.675283100030.272019
CENTILLION ENV & RECYC LIMITEDShort9/27/20110.002268400025.573952
GLOBAL TESTING CORPORATION LTDShort9/27/20110.051620000423542
LIONGOLD CORP LTDShort9/27/20110.851167100025.861518

No comments: