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, November 23, 2011

Scan 23 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HISAKA HOLDINGS LTD.Long11/23/20110.4210100039.495038
MEIBAN GROUP LTDLong11/23/20110.2913000021.673733
SUPER GROUP LTD.Long11/23/20111.5136400020.412423
CHINA ANIMAL HEALTHCARE LTD.Short11/23/20110.245125700024.392529
COMPACT METAL INDUSTRIES LTDShort11/23/20110.004524000024.782866
COSMOSTEEL HOLDINGS LIMITEDShort11/23/20110.12210700036.324455
DUKANG DISTILLERS HLDGS LTDShort11/23/20110.3994000051.574042
HL GLOBAL ENTERPRISES LIMITEDShort11/23/20110.0514800031.213460
SCINTRONIX CORPORATION LTD.Short11/23/20110.02541900020.33848

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