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, April 11, 2011

Scan 11 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCED HOLDINGS LTD.Long4/11/20110.2447400033.885224
AEI CORPORATION LTDLong4/11/20110.15510500031.483422
CITYSPRING INFRASTRUCT TRUSTLong4/11/20110.54521100020.252926
HAW PAR CORP LTDLong4/11/20116.1514700028.982618
HEALTH MANAGEMENT INTL LTDLong4/11/20110.12114500033.834030
LMA INTERNATIONAL N.V.Long4/11/20110.3312200025.564134
CHINA SPORTS INTL LIMITEDShort4/11/20110.085192300042.891620
EUROPTRONIC GROUP LTDShort4/11/20110.0317400020.363036
PCI LTDShort4/11/20110.4956100034.251723
PHARMESIS INTERNATIONAL LTD.Short4/11/20110.04515700021.713349
QIAN HU CORPORATION LIMITEDShort4/11/20110.1220600020.524144

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