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, February 11, 2012

Scan 10 Feb 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HUPSTEEL LTDLong2/10/20120.2239600049.425132
LIZHONG WHEEL GROUP LTD.Long2/10/20120.24561300032.685933
LORENZO INTERNATIONAL LIMITEDLong2/10/20120.09813800030.745035
MEGHMANI ORGANICS LIMITEDLong2/10/20120.10514500041.34844
TECHCOMP (HOLDINGS) LIMITEDLong2/10/20120.419000020.733826
JARDINE MATHESON HLDGS LTDShort2/10/201251.523360025.32526
JARDINE STRATEGIC HLDGS LTDShort2/10/201230.6611750029.632427
PARKSON RETAIL ASIA LIMITEDShort2/10/20121.35524400049.152948
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