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, January 6, 2011

Scan 6 Jan 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASTI HOLDINGS LIMITEDLong1/6/20110.11155300033.724540
BRC ASIA LIMITEDLong1/6/20110.1627400024.523430
CHINA HONGCHENG HOLDINGS LTDLong1/6/20110.1143200041.228218
COURAGE MARINE GROUP LIMITEDLong1/6/20110.1930300024.214036
HEETON HOLDINGS LIMITEDLong1/6/20110.51523300033.724222
LINDETEVES-JACOBERG LTDLong1/6/20110.0416000022.346032
SINGAPORE EXCHANGE LIMITEDShort1/6/20118.44785300020.712528

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