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, January 21, 2012

Scan 20 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CITY DEVELOPMENTS LIMITEDLong1/20/20129.76192000022.583320
GLOBAL TECH (HLDGS) LIMITEDLong1/20/20120.00430000043.318119
JIUTIAN CHEMICAL GROUP LIMITEDLong1/20/20120.047186000020.984633
NERATELECOMMUNICATIONS LTDLong1/20/20120.4215300023.23228
SC GLOBAL DEVELOPMENTS LTDLong1/20/20121.02550500024.973327
THE HOUR GLASS LIMITEDLong1/20/20121.151500027.994433
UPP HOLDINGS LIMITEDLong1/20/20120.10817600021.075543
ASCENDAS REAL ESTATE INV TRUSTShort1/20/20121.925986900029.632526
FIRST SHIP LEASE TRUSTShort1/20/20120.2352357100021.771065
RICKMERS MARITIMEShort1/20/20120.31540700026.23340
XPRESS HOLDINGS LTDShort1/20/20120.02734300024.943847

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