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, May 14, 2012

Scan 9 May 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AZTECH GROUP LTD.Long5/9/20120.09510700022.514327
HISAKA HOLDINGS LTD.Long5/9/20120.416400030.042315
JAYA HOLDINGS LTDLong5/9/20120.5628000030.432923
CENTURION CORPORATION LIMITEDShort5/9/20120.19511700026.062630
CHINA TAISAN TECH GRP HLDGSLTDShort5/9/20120.09477400028.211825
CITYSPRING INFRASTRUCT TRUSTShort5/9/20120.38591800028.261724
FOOD JUNCTION HOLDINGS LIMITEDShort5/9/20120.1914100032.963842
FRASER AND NEAVE LIMITEDShort5/9/20126.8149000026.672426
HLH GROUP LIMITEDShort5/9/20120.0235750800036.912023
LUZHOU BIO-CHEM TECHNOLOGY LTDShort5/9/20120.09416100022.313057
ORCHARD PARADE HOLDINGS LTDShort5/9/20121.6532500022.651944
SAN TEH LIMITEDShort5/9/20120.29519000020.192530
SUN EAST GROUP LIMITEDShort5/9/20120.01935500025.13135
UNITED ENVIROTECH LTDShort5/9/20120.3443200020.092125
XMH HOLDINGS LTD.Short5/9/20120.15630100022.712945
ZIWO HOLDINGS LTD.Short5/9/20120.11511600022.62839

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