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, June 22, 2010

Scan 22 Jun 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HONG FOK CORPORATION LTDLong6/22/20100.57518100021.113631
Q & M DENTAL GROUP (S) LIMITEDLong6/22/20100.43510800024.113230
CHINA ESSENCE GROUP LTD.Short6/22/20100.21533000033.743132
MACARTHURCOOK PROP SEC FUNDShort6/22/20100.09519000030.823854
TT INTERNATIONAL LIMITEDShort6/22/20100.03518100022.692947
WING TAI HLDGS LTDShort6/22/20101.6210100024.012732
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)