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 29, 2011

Scan 28 July 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FIRST RESOURCES LIMITEDLong7/28/20111.43154000023.62420
INDOFOOD AGRI RESOURCES LTD.Long7/28/20111.6352250900022.82420
LANTROVISION (S) LTDLong7/28/20110.03130700036.284331
MAPLETREE INDUSTRIAL TRUSTLong7/28/20111.21319200024.63214
METRO HOLDINGS LIMITEDLong7/28/20110.815352900025.063825
LEE METAL GROUP LTDShort7/28/20110.2212500026.693537
PSL HOLDINGS LTDShort7/28/20110.3751230300026.782526

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