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 27 May 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ANWELL TECHNOLOGIES LIMITEDLong5/27/20110.2525400031.095134
COMPACT METAL INDUSTRIES LTDLong5/27/20110.0123700026.557623
DRAGON GROUP INTL LIMITEDLong5/27/20110.065117300034.84641
KEPPEL LAND LIMITEDLong5/27/20114.04253300021.922423
LYXOR MSCI TAIWAN INDEX FUND10Long5/27/20111.09414950024.425138
SMRT CORPORATION LTDLong5/27/20111.91160600021.161513
SUNVIC CHEMICAL HOLDINGS LTDLong5/27/20110.7951070900024.812221
HENGXIN TECHNOLOGY LTD.Short5/27/20110.27511000027.733357

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