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, February 20, 2012

Scan 20 Feb 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACE ACHIEVE INFOCOM LIMITEDLong2/20/20120.03922000023.374332
SINOPIPE HOLDINGS LIMITEDLong2/20/20120.15813200029.694139
SCINTRONIX CORPORATION LTD.Short2/20/20120.02520000034.593940
SHANGHAI ASIA HOLDINGS LIMITEDShort2/20/20120.18819000030.112461
TEE INTERNATIONAL LIMITEDShort2/20/20120.25513900032.962736
TELECHOICE INTERNATIONAL LTDShort2/20/20120.2220000023.383041
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