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

Monday, December 5, 2011

Scan 5 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AUSGROUP LIMITEDLong12/5/20110.34521700020.682422
RAMBA ENERGY LIMITEDLong12/5/20110.39785400024.42520
SAKARI RESOURCES LIMITEDLong12/5/20112.071494200021.462826
UMS HOLDINGS LIMITEDLong12/5/20110.38946300021.433122
WANXIANG INTERNATIONAL LIMITEDLong12/5/20110.262600081.075841
FUNG CHOI MEDIA GROUP LIMITEDShort12/5/20110.09552100049.363637
SAMKO TIMBER LIMITEDShort12/5/20110.11213400023.193440
SIN HENG HEAVY MACHINERY LTDShort12/5/20110.1342000027.253742

No comments: