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, December 14, 2016

Scan 14 Dec 16

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOBAL PREMIUM HOTELS LIMITEDLong12/14/20160.29514920024.113130
LEY CHOON GROUP HLDG LIMITEDLong12/14/20160.03343330047.337621
MMP RESOURCES LIMITEDLong12/14/20160.00392500025.964342
OCBC BK MB ECW170118Long12/14/20160.03249480021.63130
ASCENDAS REAL ESTATE INV TRUSTShort12/14/20162.322177110024.72021
NORDIC GROUP LIMITEDShort12/14/20160.24510900031.323134
STARHUB LTDShort12/14/20162.9394780031.471921

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