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

Wednesday, April 25, 2012

Scan 24 Apr 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA FIBRETECH LTD.Long4/24/20120.03654900021.585034
COGENT HOLDINGS LIMITEDLong4/24/20120.11837300029.435829
ECOWISE HOLDINGS LIMITEDLong4/24/20120.1011740500023.323019
JIUTIAN CHEMICAL GROUP LIMITEDLong4/24/20120.044126600023.13029
LUXKING GROUP HOLDINGS LIMITEDLong4/24/20120.022260400025.548020
OCEANUS GROUP LIMITEDLong4/24/20120.0821121600022.992619
REYPHON AGRICEUTICAL LIMITEDLong4/24/20120.1343500054.444739
SINGAPORE POST LIMITEDLong4/24/20121.01208200028.041815
SURFACE MOUNT TECH (HLDGS) LTDLong4/24/20120.03138500028.874739
CAMBRIDGE INDUSTRIAL TRUSTShort4/24/20120.545180400049.172021
JADASON ENTERPRISES LTDShort4/24/20120.072131800026.063137
M DEVELOPMENT LTD.Short4/24/20120.035124600043.093756
MEIBAN GROUP LTDShort4/24/20120.395104100062.251721
RADIANCE GROUP LIMITEDShort4/24/20120.08921400031.382737
SKY CHINA PETROLEUM SVCS LTD.Short4/24/20120.106165000024.342431
ZAGRO ASIA LIMITEDShort4/24/20120.25515000024.13646

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