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, August 26, 2011

Scan 25 Aug 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AEM HOLDINGS LTDLong8/25/20110.03752000024.413634
FISCHER TECH LTDLong8/25/20110.07810100034.073627
FRASER AND NEAVE LIMITEDLong8/25/20115.78394400020.062522
FRASERS CENTREPOINT TRUSTLong8/25/20111.46112200029.743433
JARDINE MATHESON HLDGS LTDLong8/25/201152.1523800031.62926
OSSIA INTERNATIONAL LTDLong8/25/20110.1410800034.433429
SHANGHAI TURBO ENTERPRISES LTDLong8/25/20110.0738800035.384432
SIN GHEE HUAT CORPORATION LTD.Long8/25/20110.24529700045.127128
AMPLEFIELD LIMITEDShort8/25/20110.01425100049.634555
SPDR GOLD SHARESShort8/25/201116916740042.943538

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