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, January 20, 2016

Scan 20 Jan 16

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FIRST SHIP LEASE TRUSTLong1/20/20160.1470150029.143227
ACE ACHIEVE INFOCOM LIMITEDShort1/20/20160.016396730027.662230
OKH GLOBAL LTD.Short1/20/20160.64822500024.91013
SARINE TECHNOLOGIES LTDShort1/20/20161.5653460021.672526
TUAN SING HOLDINGS LIMITEDShort1/20/20160.30536500025.372640

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