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

Saturday, March 19, 2011

Scan 18 Mar 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA OILFIELD TEC SVCS GRPLTDLong3/18/20110.075261100026.322724
GUANGZHAO IND FOREST BIOGRPLTDLong3/18/20110.06775100020.764929
SPDR GOLD SHARESLong3/18/2011144.912304027.945621
UPP HOLDINGS LIMITEDLong3/18/20110.13111400020.093428

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