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

Monday, May 30, 2016

Scan 30 May 16

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GENTING SINGAPORE PLCLong5/30/20160.762360090022.473027
GSH CORPORATION LIMITEDLong5/30/20160.2693640021.911613
INDOFOOD AGRI RESOURCES LTD.Long5/30/20160.50560950031.922220
NAM CHEONG LIMITEDLong5/30/20160.084121740025.092520
NIKKEI225 14500 MB EPW160909Short5/30/20160.07817100026.644445

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