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

Thursday, December 29, 2011

Scan 28 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ARA ASSET MANAGEMENT LIMITEDLong12/28/20111.19527800024.412923
COURAGE MARINE GROUP LIMITEDLong12/28/20110.09514100021.754036
CSC HOLDINGS LTDLong12/28/20110.09923000026.255131
DAPAI INTL HLDG CO. LTD.Long12/28/20110.0472500041.473734
EUROPTRONIC GROUP LTDLong12/28/20110.01560000033.454133
FIRST REAL ESTATE INV TRUSTLong12/28/20110.76521600029.532019
GEMS TV HOLDINGS LIMITEDLong12/28/20110.012123700022.444827
SINOTEL TECHNOLOGIES LTD.Long12/28/20110.11322600020.473633
XMH HOLDINGS LTD.Long12/28/20110.16461500021.393331
CHINA ESSENCE GROUP LTD.Short12/28/20110.13820000026.164345
SOUP RESTAURANT GROUP LIMITEDShort12/28/20110.13515100026.623948

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