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

Wednesday, December 21, 2011

Scan 21 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCED HOLDINGS LTD.Long12/21/20110.1318600021.836622
BLUMONT GROUP LTD.Long12/21/20110.01947000021.874731
EZION HOLDINGS LIMITEDLong12/21/20110.66102500025.463126
JADASON ENTERPRISES LTDLong12/21/20110.062165000204924
LIONGOLD CORP LTDLong12/21/20110.8551287400030.722221
MACQUARIE INT'L INFRA FUND LTDLong12/21/20110.5566600025.722624
SINOSTAR PEC HOLDINGS LIMITEDLong12/21/20110.168121400023.064129
ABF SPORE BOND INDEX FUND ETFShort12/21/20111.16732700025.684156
GLOBAL TECH (HLDGS) LIMITEDShort12/21/20110.00327000026.582773

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