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, April 16, 2012

Scan 16 Apr 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA FARM EQUIPMENT LIMITEDLong4/16/20120.25537600020.024842
GLOBAL INVESTMENTS LIMITEDLong4/16/20120.134241000037.743328
BANYAN TREE HOLDINGS LIMITEDShort4/16/20120.6316800020.712332
CAPITAMALLS ASIA LIMITEDShort4/16/20121.5651249500024.733034
HIAP HOE LIMITEDShort4/16/20120.535165200032.692223
LIAN BENG GROUP LTDShort4/16/20120.4156000037.631922
MEMTECH INTERNATIONAL LTDShort4/16/20120.088408200021.422570
OCEAN SKY INTERNATIONAL LTDShort4/16/20120.15464400020.782429
PACIFIC CENTURY REGIONAL DEVTSShort4/16/20120.155306900027.261923
SING HOLDINGS LIMITEDShort4/16/20120.3493400024.962425

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