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

Wednesday, May 1, 2013

Scan 30 Apr 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA SUNSINE CHEM HLDGS LTD.Long4/30/20130.245153600025.856233
FOOD JUNCTION HOLDINGS LIMITEDLong4/30/20130.1930300035.054542
SINGAPORE PRESS HLDGS LTDLong4/30/20134.461073700029.232822
STI 3250 MB ECW130830Long4/30/20130.093120000025.36326
STI ETFLong4/30/20133.3934500020.42925
THAI BEVERAGE PUBLIC CO LTDLong4/30/20130.6054966300026.572622
ASCENDAS INDIA TRUSTShort4/30/20130.82359100024.641523
INDOFOOD AGRI MB ECW131202Short4/30/20130.03433000022.513950
MULTI-CHEM LIMITEDShort4/30/20130.1556200026.993446
SINGAPORE LAND LIMITEDShort4/30/20138.8517400023.52534
UE E&C LTD.Short4/30/20130.73583000033.021636

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