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

Wednesday, June 22, 2011

Scan 21 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BAKER TECHNOLOGY LIMITEDLong6/21/20110.34250500023.992019
COURAGE MARINE GROUP LIMITEDLong6/21/20110.15529000023.073123
CWT LIMITEDLong6/21/20111.25179600021.442524
FIRST REAL ESTATE INV TRUSTLong6/21/20110.7856700025.22825
PCA TECHNOLOGY LIMITEDLong6/21/20110.1512000022.755247
TECHNICS OIL & GAS LIMITEDLong6/21/20110.975280500029.24233
BLUMONT GROUP LTD.Short6/21/20110.0230000053.463549
CDW HOLDING LIMITEDShort6/21/20110.07536000025.822834
SARIN TECHNOLOGIES LTDShort6/21/20110.81514000029.42732
SP AUSNETShort6/21/20111.1728400021.092635

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