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

Saturday, November 5, 2011

Scan 4 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PACIFIC ANDES RESOURCES DEVLTDLong11/4/20110.22546700021.772422
PERENNIAL CHINA RETAIL TRUSTLong11/4/20110.46541000021.232823
AMTEK ENGINEERING LTDShort11/4/20110.65158900029.862536
CHINA POWERPLUS LIMITEDShort11/4/20110.02520000025.543157
COMPACT METAL INDUSTRIES LTDShort11/4/20110.00324600033.142064

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