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, September 4, 2013

Scan 4 Sep 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CENTURION CORPORATION LIMITEDLong9/4/20130.4888300039.192624
GLOBAL YELLOW PAGES LIMITEDLong9/4/20130.09158000024.083533
IPC CORPORATION LIMITEDLong9/4/20130.15318000023.711917
MANDARIN ORIENTAL INTL LTDLong9/4/20131.61570500020.522726
STI 3080 BP EPW130927Long9/4/20130.05911000000464645
HSI 22400 UB ECW130927Short9/4/20130.0751026400020.23841
K-GREEN TRUSTShort9/4/20131.01514100028.552122
RIVERSTONE HOLDINGS LIMITEDShort9/4/20130.6210600031.42930
TRAVELITE HOLDINGS LTD.Short9/4/20130.1541200038.321486
WILMAR MB ECW140203Short9/4/20130.03140000029.114951

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