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, December 14, 2011

Scan 13 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EASTGATE TECHNOLOGY LTDLong12/13/20110.03645000024.122622
OVERSEAS UNION ENTERPRISE LTDLong12/13/20112.14120900023.522923
COMFORTDELGRO CORPORATION LTDShort12/13/20111.405454800026.522130
JIUTIAN CHEMICAL GROUP LIMITEDShort12/13/20110.04733500025.522040
MEMSTAR TECHNOLOGY LTD.Short12/13/20110.0551295800027.062426
THAKRAL CORPORATION LTDShort12/13/20110.02530000029.563749

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