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

Monday, October 31, 2011

Scan 31 Oct 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
JAYA HOLDINGS LTDLong10/31/20110.4854100023.812819
BREADTALK GROUP LIMITEDShort10/31/20110.51512500020.622328
CHINA HONGCHENG HOLDINGS LTDShort10/31/20110.0340000028.283466
HERSING CORPORATION LTDShort10/31/20110.2478400030.282952
MACARTHURCOOK PROP SEC FUNDShort10/31/20110.13720000030.664752
OSIM INTERNATIONAL LTDShort10/31/20111.25153500027.022839
SP CORPORATION LIMITEDShort10/31/20110.09511800022.512734
VENTURE CORPORATION LIMITEDShort10/31/20116.7426300026.163134

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