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

Monday, May 30, 2011

Scan 30 May 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BROTHERS (HOLDINGS) LIMITEDLong5/30/20110.1919200033.985432
TELECHOICE INTERNATIONAL LTDLong5/30/20110.25511000022.585141
TIONG SENG HOLDINGS LIMITEDLong5/30/20110.24565500021.563026
TRANSCU GROUP LIMITEDLong5/30/20110.0551783000022.121812
DAIRY FARM INT'L HOLDINGS LTDShort5/30/20118.97110700382936
KEPPEL LAND LIMITEDShort5/30/20114.01146800020.552224
SP AUSNETShort5/30/20111.18105000038.752731

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