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, August 28, 2012

Scan 28 Aug 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA FARM EQUIPMENT LIMITEDLong8/28/20120.2720000032.524234
COURAGE MARINE GROUP LIMITEDLong8/28/20120.07816600023.983632
KS ENERGY LIMITEDLong8/28/20120.78528700033.653733
SEROJA INVESTMENTS LIMITEDLong8/28/20120.18518300022.464331
SURFACE MOUNT TECH (HLDGS) LTDLong8/28/20120.01813800031.166632
TAT SENG PACKAGING GROUP LTDLong8/28/20120.2211000245147
KOON HOLDINGS LIMITEDShort8/28/20120.20510100025.354456
SUPER GROUP LTD.Short8/28/20122.0620800022.662735
UNITED ENVIROTECH LTDShort8/28/20120.32522900035.462021

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