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, May 28, 2011

Scan 26 May 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
8TELECOM INTL HOLDINGS CO LTDLong5/26/20110.1613000043.194639
ADDVALUE TECHNOLOGIES LTDLong5/26/20110.045282900022.935723
DYNAMIC COLOURS LIMITEDLong5/26/20110.12520000021.926038
EU YAN SANG INTERNATIONAL LTDLong5/26/20110.7512700023.634035
JADASON ENTERPRISES LTDLong5/26/20110.0841900029.613020
SING HOLDINGS LIMITEDLong5/26/20110.34288600024.024121
AEM HOLDINGS LTDShort5/26/20110.0415200021.034549
CONTEL CORPORATION LIMITEDShort5/26/20110.02363200028.351642
IPCO INT'L LIMITEDShort5/26/20110.01556000035.583136
MACQUARIE INT'L INFRA FUND LTDShort5/26/20110.585146600020.081719
SUNRAY HOLDINGS LIMITEDShort5/26/20110.0248000038.312849

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