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, September 14, 2011

Scan 14 Sep 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FU YU CORPORATION LTDLong9/14/20110.08823200027.556021
HG METAL MANUFACTURING LTDLong9/14/20110.08854300026.264236
SATS LTD.Long9/14/20112.25119600021.362120
TELEDATA (SINGAPORE) LTDLong9/14/20110.0118300027.554842
ULTRO TECHNOLOGIES LIMITEDLong9/14/20110.02147300030.066039
CIMB FTSE ASEAN40 100Short9/14/20119.6516480028.424547
LIANG HUAT ALUMINIUM LTDShort9/14/20110.00833100021.853034
OKP HOLDINGS LIMITEDShort9/14/20110.57516200020.762528
TREASURY CHINA TRUSTShort9/14/20111.9211200020.083041

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