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, May 5, 2012

Scan 3 May 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA PAPER HOLDINGS LIMITEDLong5/3/20120.0441314700040.584432
M DEVELOPMENT LTD.Long5/3/20120.037110000030.525144
ORCHARD PARADE HOLDINGS LTDLong5/3/20121.835300024.562920
PAN-UNITED CORPORATION LTDLong5/3/20120.513200030.713332
GUTHRIE GTS LTDShort5/3/20120.575176000037.661239
HONG LEONG FINANCE LIMITEDShort5/3/20122.4818900024.012227
TA CORPORATION LTDShort5/3/20120.2410600028.53032
TYE SOON LTDShort5/3/20120.2142000037.751348
UNITED ENGINEERS LTD ORDShort5/3/20122.3718300035.331337
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)