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

Monday, August 15, 2011

Scan 15 Aug 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CENTRALAND LIMITEDLong8/15/20110.3956786600099.84991
HSU FU CHI INTERNATIONAL LTDLong8/15/20114.2132600037.972928
SCINTRONIX CORPORATION LTD.Long8/15/20110.0435200034.655233
SINGAPORE REINSURANCE COR LTDLong8/15/20110.2912100020.353329
SUPER GROUP LTD.Long8/15/20111.565186600025.024232
PNE INDUSTRIES LTDShort8/15/20110.05510900060.283466
THAI BEVERAGE PUBLIC CO LTDShort8/15/20110.2651497400038.371617

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