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 9, 2011

Scan 9 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASCOTT RESIDENCE TRUSTLong11/9/20111.05182100020.562624
ASPIAL CORPORATION LIMITEDLong11/9/20110.2741200031.533831
CHEMOIL ENERGY LIMITEDLong11/9/20110.21511600030.93327
COMPACT METAL INDUSTRIES LTDLong11/9/20110.00421700032.935139
EUCON HOLDING LIMITEDLong11/9/20110.01945700024.165248
K-REIT ASIALong11/9/20111.0252509000312927
NIPPECRAFT LIMITEDLong11/9/20110.03632700047.037223
MANDARIN ORIENTAL INTL LTDShort11/9/20111.5786800020.922629
PEC LTD.Short11/9/20110.86534100026.392830

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