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, August 20, 2011

Scan 19 Aug 11

Symbol Date ChartScript TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BEYONICSTECHNOLOGY LIMITED8/19/2011ADX Scan ShortLong8/12/20110.182141700036.63226
MDR LIMITED8/19/2011ADX Scan ShortLong8/12/20110.005310100029.883125
SAN TEH LIMITED8/19/2011ADX Scan ShortLong8/12/20110.430600020.993633
ADDVALUE TECHNOLOGIES LTD8/19/2011ADX Scan ShortShort8/19/20110.055699700028.822729
ASCENDAS REAL ESTATE INV TRUST8/19/2011ADX Scan ShortShort8/19/20112.05554500022.452528
COMPACT METAL INDUSTRIES LTD8/19/2011ADX Scan ShortShort8/19/20110.00354500028.62541
DIGILAND INTERNATIONAL LTD8/19/2011ADX Scan ShortShort8/19/20110.00250100027.321326
SIM LIAN GROUP LIMITED8/19/2011ADX Scan ShortShort8/19/20110.4617400028.063137
THAI VILLAGE HOLDINGS LTD8/19/2011ADX Scan ShortShort8/19/20110.09511500024.583763

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