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

Wednesday, August 24, 2011

Scan 24 Aug 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA AUTO ELECTRONICS GRP LTDLong8/24/20110.123400037.965237
DIGILAND INTERNATIONAL LTDLong8/24/20110.00286100026.762319
HOCK LIAN SENG HOLDINGS LTDLong8/24/20110.26513100021.423634
MAPLETREE LOGISTICS TRUSTLong8/24/20110.835430700023.83024
TAI SIN ELECTRIC LIMITEDLong8/24/20110.16735000021.384240
TEE INTERNATIONAL LIMITEDLong8/24/20110.26154100029.062927
ADDVALUE TECHNOLOGIES LTDShort8/24/20110.056237600023.372627

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