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 7, 2012

Scan 7 Aug 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CACOLA FURNITURE INTL LIMITEDLong8/7/20120.02523000021.385441
SURFACE MOUNT TECH (HLDGS) LTDLong8/7/20120.01738300060.65044
AEM HOLDINGS LTDShort8/7/20120.08269500026.623035
COSCO CORPORATION (S) LTDShort8/7/20120.99362400021.62021
FIRST RESOURCES LIMITEDShort8/7/20121.9231600024.012122
GREAT EASTERN HLDGS LTDShort8/7/201213.5619100024.993136
SARIN TECHNOLOGIES LTDShort8/7/20121.1115700033.722834
SHENG SIONG GROUP LTDShort8/7/20120.45464400030.12224
SP AUSNETShort8/7/20121.32571700023.622748

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