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

Thursday, January 19, 2012

Scan 19 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ARMSTRONG INDUSTRIAL CORP LTDLong1/19/20120.255694600023.175316
CACOLA FURNITURE INTL LIMITEDLong1/19/20120.03561000037.384833
CHINA AUTO ELECTRONICS GRP LTDLong1/19/20120.0610200020.785343
CHT (HOLDINGS) LTD.Long1/19/20120.17125500020.554739
FU YU CORPORATION LTDLong1/19/20120.0719600022.755239
HOCK LIAN SENG HOLDINGS LTDLong1/19/20120.2451275900021.525232
LEE METAL GROUP LTDLong1/19/20120.20528500055.663628
TA CORPORATION LTDLong1/19/20120.215163200023.192722
WILLAS-ARRAY ELEC (HLDGS) LTDLong1/19/20120.1130000035.075137
XPRESS HOLDINGS LTDLong1/19/20120.02783500026.14438
DARCO WATER TECHNOLOGIES LTDShort1/19/20120.06514000031.591775
GMG GLOBAL LTDShort1/19/20120.1239864100030.682223
JOYAS INTERNATIONAL HLDGS LTDShort1/19/20120.0120000072.052080
LONGCHEER HOLDINGS LIMITEDShort1/19/20120.08155000281820
SHANGHAI TURBO ENTERPRISES LTDShort1/19/20120.0588100056.313761
STAR PHARMACEUTICAL LIMITEDShort1/19/20120.02830300026.563364

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