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 7, 2011

Scan 6 Sep 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GEMS TV HOLDINGS LIMITEDLong9/6/20110.009100200023.83831
GLOBAL LOGISTIC PROP LIMITEDLong9/6/20111.77786400035.392322
GP BATTERIES INT LTDLong9/6/20111.0510300028.093837
OKP HOLDINGS LIMITEDLong9/6/20110.58105900027.693227
SUNVIC CHEMICAL HOLDINGS LTDLong9/6/20110.565522600035.432823
SWIBER HOLDINGS LIMITEDLong9/6/20110.541248600035.123326
ASIA ENTERPRISES HOLDING LTDShort9/6/20110.223500037.053251
AUSSINO GROUP LTDShort9/6/20110.05811300024.583859
CAPITAMALLS ASIA LIMITEDShort9/6/20111.305621000030.892729
CHINA POWERPLUS LIMITEDShort9/6/20110.0311500029.723046
JARDINE MATHESON HLDGS LTDShort9/6/201150.7113720025.582628
MDR LIMITEDShort9/6/20110.0041318700020.973644
QIAN HU CORPORATION LIMITEDShort9/6/20110.08630000026.013151

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