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

Friday, December 23, 2011

Scan 23 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AMTEK ENGINEERING LTDLong12/23/20110.61766300023.622921
CHINA XLX FERTILISER LTD.Long12/23/20110.3210400026.032522
GEMS TV HOLDINGS LIMITEDLong12/23/20110.01171600023.233933
GLOBAL LOGISTIC PROP LIMITEDLong12/23/20111.73935600021.332724
NOBLE GROUP LIMITEDLong12/23/20111.193854200021.833029
QINGMEI GROUP HOLDINGS LIMITEDLong12/23/20110.12148500042.563328
SUN EAST GROUP LIMITEDShort12/23/20110.0062256000402528

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