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 10, 2012

Scan 9 Apr 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PEOPLE'S FOOD HOLDINGS LIMITEDLong4/9/20120.640300026.652722
SUNMOON FOOD COMPANY LIMITEDLong4/9/20120.0031898000022.962720
CAPITALAND LIMITEDShort4/9/20123.01583600027.242022
CAPITAMALLS ASIA LIMITEDShort4/9/20121.565386000033.252932
CWT LIMITEDShort4/9/20121.24587100030.32430
ELITE KSB HOLDINGS LIMITEDShort4/9/20120.35513000025.954042
K-REIT ASIAShort4/9/20120.93545800022.51618
OSIM INTERNATIONAL LTDShort4/9/20121.215103400024.362527
SINGAPORE TECH ENGINEERING LTDShort4/9/20123.09378600031.581926
STX OSV HOLDINGS LIMITEDShort4/9/20121.685680700037.772225
TECHNICS OIL & GAS LIMITEDShort4/9/20120.9214300029.961820
UOL GROUP LIMITEDShort4/9/20124.57105400020.441724

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