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, October 3, 2011

Scan 3 Oct 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AIMS AMP CAP INDUSTRIAL REITLong10/3/20110.98524800023.166039
CHINA OILFIELD TEC SVCS GRPLTDLong10/3/20110.03627300020.555231
SUNMOON FOOD COMPANY LIMITEDLong10/3/20110.002180000020.754137
LIAN BENG GROUP LTDShort10/3/20110.34659600020.322329
MARCO POLO MARINE LTD.Short10/3/20110.375157100023.222127
SIN HENG HEAVY MACHINERY LTDShort10/3/20110.13330000052.92830

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