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, December 12, 2011

Scan 12 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SIN HENG HEAVY MACHINERY LTDLong12/12/20110.12615000020.873029
ADVANCE SCT LIMITEDShort12/12/20110.01617100021.283539
BIOSENSORS INT'L GROUP LTD.Short12/12/20111.31475600021.752331
CHINA FIBRETECH LTD.Short12/12/20110.04219200026.83453
TIONG SENG HOLDINGS LIMITEDShort12/12/20110.18414100020.573354
UNITED FIBER SYSTEM LIMITEDShort12/12/20110.02925500020.22830
XMH HOLDINGS LTD.Short12/12/20110.15558000031.033160

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