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 17, 2013

Scan 17 Sep 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SIA ENGINEERING CO LTDLong9/17/20134.7831700030.552620
TUAN SING HOLDINGS LIMITEDLong9/17/20130.3356900033.713427
CAPITARETAIL CHINA TRUSTShort9/17/20131.355174500022.722124
EASTGATE TECHNOLOGY LTDShort9/17/20130.034115000022.583137
EUROPTRONIC GROUP LTDShort9/17/20130.05872400024.552629
MERCATOR LINES (SINGAPORE) LTDShort9/17/20130.11818700031.33235
SINOSTAR PEC HOLDINGS LIMITEDShort9/17/20130.08442000033.752068
TIANJIN ZHONG XIN PHARM GROUPShort9/17/20130.9216700029.93536

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