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 25, 2012

Scan 24 Feb 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CSE GLOBAL LTDLong2/24/20120.8726300024.322726
HOE LEONG CORPORATION LTD.Long2/24/20120.25527000049.942825
STAR PHARMACEUTICAL LIMITEDLong2/24/20120.0414000026.544843
UNIFIED COMMUNICATIONS HLDGLTDLong2/24/20120.04225000039.088416
YHI INTERNATIONAL LIMITEDLong2/24/20120.321003700028.365123
HIAP SENG ENGINEERING LTDShort2/24/20120.3339400029.462529
JOYAS INTERNATIONAL HLDGS LTDShort2/24/20120.01640200031.334753
SINO GRANDNESS FOOD IND GP LTDShort2/24/20120.4962000032.762033

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