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, November 29, 2011

Scan 29 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADAMPAK LIMITEDLong11/29/20110.2415100031.73938
BIOSENSORS INT'L GROUP LTD.Long11/29/20111.35370900021.993125
MARCO POLO MARINE LTD.Long11/29/20110.3315600022.173230
JEL CORPORATION (HOLDINGS) LTDShort11/29/20110.01216200044.064455
LANTROVISION (S) LTDShort11/29/20110.028139900024.343536
PSL HOLDINGS LTDShort11/29/20110.3055631100044.682642
UNITED ENVIROTECH LTDShort11/29/20110.325604300027.592123

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