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

Monday, January 10, 2011

Scan 10 Jan 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FRAGRANCE GROUP LIMITEDLong1/10/20110.3999300020.453831
LANTROVISION (S) LTDLong1/10/20110.031403800027.082418
DUKANG DISTILLERS HLDGS LTDShort1/10/20110.86561800027.762629
K1 VENTURES LIMITEDShort1/10/20110.15568000020.631317
TAT HONG HOLDINGS LTDShort1/10/20110.95518500026.212334

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)