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, July 16, 2011

Scan 15 July 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ORCHARD PARADE HOLDINGS LTDLong7/15/20111.62196100026.984824
HAI LECK HOLDINGS LIMITEDShort7/15/20110.2519500021.174153
INFORMATICS EDUCATION LTD.Short7/15/20110.09105000031.942829
LIAN BENG GROUP LTDShort7/15/20110.36161900021.381821
SINOTEL TECHNOLOGIES LTD.Short7/15/20110.22152900021.262931
WEE HUR HOLDINGS LTD.Short7/15/20110.275147200030.142730
YONGNAM HOLDINGS LIMITEDShort7/15/20110.2667300022.192122

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