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, October 4, 2011

Scan 4 Oct 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AEM HOLDINGS LTDLong10/4/20110.041201000026.794433
STAMFORD LAND CORPORATION LTDLong10/4/20110.5229700032.383725
LUM CHANG HOLDINGS LIMITEDShort10/4/20110.28563000030.061721
SUNNINGDALE TECH LTDShort10/4/20110.09739500022.742637
UPP HOLDINGS LIMITEDShort10/4/20110.08713000020.163755

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