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

Friday, July 15, 2011

Scan 14 Jul 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHOSEN HOLDINGS LIMITEDLong7/14/20110.15560000036.265045
FORTUNE REAL ESTATE INV TRUSTLong7/14/20113.923800021.032624
GREAT GROUP HOLDINGS LIMITEDLong7/14/20110.1620300021.574540
SAPPHIRE CORPORATION LIMITEDLong7/14/20110.23545400022.353936
TIANJIN ZHONG XIN PHARM GROUPLong7/14/20110.6914400035.934624
HISAKA HOLDINGS LTD.Short7/14/20110.475612300030.461523
JOYAS INTERNATIONAL HLDGS LTDShort7/14/20110.01342100038.044454

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