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

Thursday, June 21, 2012

Scan 21 Jun 12



Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ABTERRA LTDLong6/21/20120.619500023.293632
HUTCHISON PORT HLDGS TRUST S$Long6/21/20120.9139600030.823029
SINGAPORE REINSURANCE COR LTDLong6/21/20120.2312900020.425248
SUNMOON FOOD COMPANY LIMITEDLong6/21/20120.00265000020.413733
TEE INTERNATIONAL LIMITEDLong6/21/20120.2231400056.534638
CHINA POWERPLUS LIMITEDShort6/21/20120.03550000029.623761
HI-P INTERNATIONAL LIMITEDShort6/21/20120.7353000027.922627
HO BEE INVESTMENT LIMITEDShort6/21/20121.1322600027.822529
SUNPOWER GROUP LTD.Short6/21/20120.19740000022.933942
TECHNICS OIL & GAS LIMITEDShort6/21/20120.91137800026.371617


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