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, April 26, 2011

Scan 25 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SABANA SHARI'AH COMPLIANT REITLong4/25/20110.94575800035.591815
ASTI HOLDINGS LIMITEDShort4/25/20110.1112500023.793138
GUOCOLEISURE LIMITEDShort4/25/20110.74530800021.782530
INFORMATICS EDUCATION LTD.Short4/25/20110.115113900020.741821
THAKRAL CORPORATION LTDShort4/25/20110.02511300031.433756

No comments: