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, March 20, 2012

Scan 19 Mar 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASTI HOLDINGS LIMITEDLong3/19/20120.0729900033.033727
CHINA MINZHONG FOOD CORP LTDLong3/19/20121.011382700020.622523
FORELAND FABRICTECH HLDS LTDLong3/19/20120.104614200027.713330
OTTO MARINE LIMITEDLong3/19/20120.14704500026.273329
PACIFIC HEALTHCARE HLDGS LTDLong3/19/20120.10542000033.13125
PENGUIN INTERNATIONAL LIMITEDLong3/19/20120.08831000021.333527
SAMKO TIMBER LIMITEDLong3/19/20120.1422500024.74037
SINARMAS LAND LIMITEDLong3/19/20120.3510200026.883429
XINREN ALUMINUM HOLDINGS LTDLong3/19/20120.36135600023.882719
FABCHEM CHINA LIMITEDShort3/19/20120.18822200039.13254
OVERSEA-CHINESE BANKING CORPShort3/19/20128.9311200024.752223
RADIANCE GROUP LIMITEDShort3/19/20120.08316100033.352227
UNITED FIBER SYSTEM LIMITEDShort3/19/20120.0522014700021.832526
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)