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, November 8, 2011

Scan 8 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOBAL TECH (HLDGS) LIMITEDLong11/8/20110.00422000024.95544
HLH GROUP LIMITEDLong11/8/20110.016396200020.964027
MULTI-CHEM LIMITEDLong11/8/20110.11345000023.436034
SCINTRONIX CORPORATION LTD.Long11/8/20110.02632600033.874240
SINOSTAR PEC HOLDINGS LIMITEDLong11/8/20110.13932100023.564641
WILLAS-ARRAY ELEC (HLDGS) LTDLong11/8/20110.12113000025.135239
ASCOTT RESIDENCE TRUSTShort11/8/20111.03538200021.942526
PACIFIC ANDES RESOURCES DEVLTDShort11/8/20110.2223300020.42224
SECOND CHANCE PROPERTIES LTDShort11/8/20110.35561000020.782947

No comments: