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

Friday, May 20, 2011

Scan 19 May 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DYNA-MAC HOLDINGS LTD.Long5/19/20110.613252300022.452624
HO BEE INVESTMENT LIMITEDLong5/19/20111.41380600025.113224
INTERNET TECHNOLOGY GRP LTDLong5/19/20110.0821300032.035533
OCEAN SKY INTERNATIONAL LTDLong5/19/20110.1233500024.062625
SWING MEDIA TECHNOLOGY GRP LTDLong5/19/20110.035285600022.953927
CHINA AUTO ELECTRONICS GRP LTDShort5/19/20110.1120000021.983943
STRATECH SYSTEMS LIMITEDShort5/19/20110.03217200021.653053

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