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, September 23, 2011

Scan 22 Sep 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADDVALUE TECHNOLOGIES LTDShort9/22/20110.059170400020.992527
FU YU CORPORATION LTDShort9/22/20110.06811000032.743850
GLOBAL LOGISTIC PROP LIMITEDShort9/22/20111.652534600020.071727
SUNPOWER GROUP LTD.Short9/22/20110.22516300020.752931
SUNVIC CHEMICAL HOLDINGS LTDShort9/22/20110.571345400024.172627
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