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

Friday, December 16, 2011

Scan 15 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
L.C.DEVELOPMENT LTDLong12/15/20110.13957200028.263723
THAKRAL CORPORATION LTDLong12/15/20110.02545600026.574642
CREATIVE MASTER BERMUDA LTDShort12/15/20110.04119500033.124060
FRASERS CENTREPOINT TRUSTShort12/15/20111.4711300021.522126
HOE LEONG CORPORATION LTD.Short12/15/20110.16810200022.233244
JARDINE CYCLE & CARRIAGE LTDShort12/15/201146.539200022.422526
OCEAN SKY INTERNATIONAL LTDShort12/15/20110.10826600026.112966
OVERSEAS UNION ENTERPRISE LTDShort12/15/20112.04182300021.192526
PTERIS GLOBAL LIMITEDShort12/15/20110.10212000020.93237

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