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

Sunday, August 5, 2012

Scan 3 Aug 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACE ACHIEVE INFOCOM LIMITEDLong8/3/20120.02922200029.895837
CHINA POWERPLUS LIMITEDLong8/3/20120.0419000031.165049
CORDLIFE GROUP LIMITEDLong8/3/20120.5051351000026.782819
RYOBI KISO HOLDINGS LTD.Long8/3/20120.11918100032.635526
STAR PHARMACEUTICAL LIMITEDLong8/3/20120.0398900039.325644
ZAGRO ASIA LIMITEDLong8/3/20120.2863100022.894426
FIRST REAL ESTATE INV TRUSTShort8/3/20120.9649200036.522427
FREIGHT LINKS EXPRESS HOLDINGSShort8/3/20120.06695000024.581723
METRO HOLDINGS LIMITEDShort8/3/20120.765113200031.791339

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