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, September 4, 2012

Scan 3 Sep 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOBAL PREMIUM HOTELS LIMITEDLong9/3/20120.24355000029.671110
INDOFOOD AGRI RESOURCES LTD.Long9/3/20121.40564500023.182321
NIPPECRAFT LIMITEDLong9/3/20120.03619100025.596231
SATS LTD.Long9/3/20122.6272100023.852219
STARHUB LTDLong9/3/20123.6462900020.772120
XPRESS HOLDINGS LTDLong9/3/20120.039480900029.122923
EUCON HOLDING LIMITEDShort9/3/20120.02237000022.333342
IPCO INT'L LIMITEDShort9/3/20120.018457200021.512128
K1 VENTURES LIMITEDShort9/3/20120.131311100035.872527
LANTROVISION (S) LTDShort9/3/20120.0351121400026.151719
UOL GROUP LIMITEDShort9/3/20125.3552700026.91617

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