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, May 9, 2012

Scan 8 May 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASJ HOLDINGS LTDLong5/8/20120.039100100030.726830
GP INDUSTRIES LIMITEDLong5/8/20120.3910600032.284336
M1 LIMITEDLong5/8/20122.4992200020.532219
MAPLETREE LOGISTICS TRUSTLong5/8/20120.98688400027.612418
ORCHARD PARADE HOLDINGS LTDLong5/8/20121.7656400021.22625
HOTUNG INVESTMENT HLDGS LTDShort5/8/20120.14344500040.192534
PACIFIC HEALTHCARE HLDGS LTDShort5/8/20120.10522100022.93538
QAF LTDShort5/8/20120.799700033.392334
SAIZEN REAL ESTATE INV TRUSTShort5/8/20120.143255800020.222021
UOB-KAY HIAN HOLDINGS LIMITEDShort5/8/20121.64562500040.581841

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