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, October 30, 2013

Scan 29 Oct 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FTSECHINAA50 7800 MBECW140227Long10/29/20130.07654700020.674138
K1 VENTURES LIMITEDLong10/29/20130.211074700024.011917
POPULAR HOLDINGS LIMITEDLong10/29/20130.2685800031.92825
ANCHUN INTERNATIONAL HLDGS LTDShort10/29/20130.09425300023.742629
DBS MB EPW140103Short10/29/20130.06612000026.34548
JIUTIAN CHEMICAL GROUP LIMITEDShort10/29/20130.0841872300030.042535
LANTROVISION (S) LTDShort10/29/20130.3515700044.193544
LEY CHOON GROUP HLDG LIMITEDShort10/29/20130.19138200021.933742
SEMBCORP MARINE MB ECW140401Short10/29/20130.10298000022.653749

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