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, December 21, 2010

Scan 21 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACHIEVA LIMITEDLong12/21/20100.0939100045.483736
AVI-TECH ELECTRONICS LIMITEDLong12/21/20100.19514800020.393332
CAMBRIDGE INDUSTRIAL TRUSTLong12/21/20100.525122300027.21412
HO BEE INVESTMENT LIMITEDLong12/21/20101.5828200027.941918
LIAN BENG GROUP LTDLong12/21/20100.316900020.773026
HLH GROUP LIMITEDShort12/21/20100.0312000028.611621
M DEVELOPMENT LTD.Short12/21/20100.02510100039.684749

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)