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

Tuesday, July 19, 2011

Scan 19 July 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA ENVIRONMENT HOLDINGS LTDLong7/19/20110.23523700033.72927
DIGILAND INTERNATIONAL LTDLong7/19/20110.003250600066.032422
SUNMOON FOOD COMPANY LIMITEDLong7/19/20110.00218380700827.552219
YOMA STRATEGIC HOLDINGS LTDLong7/19/20110.07385900023.85827
PSL HOLDINGS LTDShort7/19/20110.392715100044.212629
SAMKO TIMBER LIMITEDShort7/19/20110.185373400021.12325
SINGAPORE TECH ENGINEERING LTDShort7/19/20112.99112700025.372021

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