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, August 31, 2016

Scan 31 Aug 16

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA SUNSINE CHEM HLDGS LTD.Long8/31/20160.3913450020.572524
FIRST SHIP LEASE TRUSTLong8/31/20160.179208130020.93625
SINGTEL MB EPW161114Long8/31/20160.01879220034.934241
FRASERS CENTREPOINT LIMITEDShort8/31/20161.5156610025.142224
HSCEI 9400 UB ECW160929Short8/31/20160.10367000020.073639
KS ENERGY LIMITEDShort8/31/20160.10511200029.932839
LIPPO MALLS INDO RETAIL TRUSTShort8/31/20160.375603070037.491011
OCBC BK VT ECW161212Short8/31/20160.05108000030.653638

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