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

Wednesday, May 18, 2011

Scan 18 May 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DUKANG DISTILLERS HLDGS LTDLong5/18/20110.61116000025.083837
HEALTH MANAGEMENT INTL LTDLong5/18/20110.125148400022.514331
INTERNET TECHNOLOGY GRP LTDLong5/18/20110.08552000034.56217
KINGSMEN CREATIVES LTDLong5/18/20110.5614800022.763431
TUAN SING HOLDINGS LIMITEDLong5/18/20110.45478000023.913321
ASJ HOLDINGS LTDShort5/18/20110.04565000037.852762
BIOSENSORS INT'L GROUP LTD.Short5/18/20111.341167700040.732329
DYNAMIC COLOURS LIMITEDShort5/18/20110.11511800026.414549
THE THINK ENVIRONMENTAL CO LTDShort5/18/20110.82379700021.942023

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