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, October 8, 2011

Scan 7 Oct 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHALLENGER TECHNOLOGIES LTDLong10/7/20110.3711800027.075442
CHINA FLEXIBLE PACK HLDG LTDLong10/7/20110.0814800021.125734
CWT LIMITEDLong10/7/20110.94599600036.484131
FU YU CORPORATION LTDLong10/7/20110.0716000020.974233
HONGKONG LAND HOLDINGS LIMITEDLong10/7/20114.8384100031.642826
IPC CORPORATION LIMITEDLong10/7/20110.11311800021.014435
JARDINE CYCLE & CARRIAGE LTDLong10/7/201141.7230900023.743228
QIAN HU CORPORATION LIMITEDLong10/7/20110.08121800025.69971
DRAGON GROUP INTL LIMITEDShort10/7/20110.03833500061.713155
DUTECH HOLDINGS LIMITEDShort10/7/20110.1414600033.814145

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