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

Tuesday, February 7, 2012

Scan 7 Feb 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MATEX INTERNATIONAL LIMITEDLong2/7/20120.05912700049.18982
NAM LEE PRESSED METAL INDS LTDLong2/7/20120.2619000023.153934
PCA TECHNOLOGY LIMITEDLong2/7/20120.11515200067.025441
SHANGHAI TURBO ENTERPRISES LTDLong2/7/20120.05228000033.384241
CSE GLOBAL LTDShort2/7/20120.8451004500037.122145
K-GREEN TRUSTShort2/7/20120.96526800044.162427
PLASTOFORM HOLDINGS LIMITEDShort2/7/20120.029131200040.733853
UNITED FOOD HOLDINGS LIMITEDShort2/7/20120.05519600029.522737
VICPLAS INTERNATIONAL LTDShort2/7/20120.04620000053.471679
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