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

Tuesday, September 13, 2011

Scan 13 Sep 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA NEW TOWN DEVT CO LIMITEDLong9/13/20110.061151400042.73231
CHINA SPORTS INTL LIMITEDLong9/13/20110.0596900023.283735
DMX TECHNOLOGIES GROUP LTDLong9/13/20110.245231800021.243027
KSH HOLDINGS LIMITEDLong9/13/20110.21581300023.332827
THAI BEVERAGE PUBLIC CO LTDLong9/13/20110.271044000022.332220
UNITED OVERSEAS AUSTRALIA LTDLong9/13/20110.5955600045.094437
JACKSPEED CORPORATION LIMITEDShort9/13/20110.120000031.264450
ULTRO TECHNOLOGIES LIMITEDShort9/13/20110.0222500030.814455

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