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 27, 2016

Scan 26 Jan 16

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
OCEANUS GROUP LIMITEDLong1/26/20160.003207010026.543430
SMRT CORPORATION LTDLong1/26/20161.42611890020.962521
LUZHOU BIO-CHEM TECHNOLOGY LTDShort1/26/20160.03765690031.492528
SUNPOWER GROUP LTD.Short1/26/20160.26516970027.883032

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