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

Thursday, November 17, 2011

Scan 16 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA ENVIRONMENTAL RES GP LTDLong11/16/20110.0111200084.98020
SUN EAST GROUP LIMITEDLong11/16/20110.01279600035.41982
ASPIAL CORPORATION LIMITEDShort11/16/20110.26516400021.983235
AUSGROUP LIMITEDShort11/16/20110.355403300020.652324
UOL GROUP LIMITEDShort11/16/20114.4744000020.192022

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