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, April 24, 2012

Scan 23 Apr 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EU YAN SANG INTERNATIONAL LTDLong4/23/20120.67512300027.913324
GMG GLOBAL LTDShort4/23/20120.1392576300022.882128
HI-P INTERNATIONAL LIMITEDShort4/23/20120.88551800022.72026
JIUTIAN CHEMICAL GROUP LIMITEDShort4/23/20120.04270000024.863034
NEXT-GEN SATELLITE COMM LTDShort4/23/20120.015469500021.381820
REYPHON AGRICEUTICAL LIMITEDShort4/23/20120.112000058.23991
ROXY-PACIFIC HOLDINGS LIMITEDShort4/23/20120.43566600058.752346
SINGAPORE TECH ENGINEERING LTDShort4/23/20123.09189500027.992533
STRACO CORPORATION LIMITEDShort4/23/20120.18811600020.712570
STX OSV HOLDINGS LIMITEDShort4/23/20121.69524200022.332324
TECKWAH INDUSTRIAL CORP LTDShort4/23/20120.30515000020.512936
TUAN SING HOLDINGS LIMITEDShort4/23/20120.29239400026.511518
UNI-ASIA FINANCE CORPORATIONShort4/23/20120.2119800021.162224
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