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 29, 2018

Scan 29 Aug 18

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SATS LTD.Long8/29/20185.2102080021.952019
SINGAPORE AIRLINES LTDLong8/29/20189.91244870026.013022
SUNMOON FOOD COMPANY LIMITEDLong8/29/20180.0528000021.443934
AVI-TECH ELECTRONICS LIMITEDShort8/29/20180.36564510027.133049
BOUSTEAD SINGAPORE LIMITEDShort8/29/20180.7951310023.721821
SHS HOLDINGS W191216Short8/29/20180.06712500054.783168
UMS HOLDINGS LIMITEDShort8/29/20180.77758170021.592526

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