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

Thursday, March 29, 2012

Scan 29 Mar 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CITY DEVELOPMENTS LIMITEDLong3/29/201211.267800020.932118
NAM CHEONG LIMITEDLong3/29/20120.1972508300020.413823
ADVANCED HOLDINGS LTD.Short3/29/20120.15211500020.494344
BAKER TECHNOLOGY LIMITEDShort3/29/20120.30553600020.782022
C&G ENV PROTECT HLDGS LTDShort3/29/20120.14515000027.973842
CHINA PAPER HOLDINGS LIMITEDShort3/29/20120.06812700024.663347
LYXOR MSCI TAIWAN INDEX FUND10Short3/29/20120.95652500032.144555
SEMBCORP MARINE LTDShort3/29/20125.24413900021.672528
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