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, June 11, 2011

Scan 10 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COMPACT METAL INDUSTRIES LTDLong6/10/20110.0120500021.236931
EASTERN HOLDINGS LTDLong6/10/20110.19511600023.063932
NICO STEEL HOLDINGS LIMITEDLong6/10/20110.07510100052.474948
NOBEL DESIGN HOLDINGS LTDLong6/10/20110.275135800024.694736
GLOBAL TECH (HLDGS) LIMITEDShort6/10/20110.00548800080.922450
LYXOR MSCI TAIWAN INDEX FUND10Short6/10/20111.11423300024.784243
Q & M DENTAL GROUP (S) LIMITEDShort6/10/20110.82194100027.772226
STAMFORD TYRES CORPORATIONLTDShort6/10/20110.2718300031.544247

No comments: