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

Tuesday, October 25, 2011

Scan 25 Oct 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCE SCT LIMITEDLong10/25/20110.016220000032.163533
DBXT MSCI ASIA EX JAPAN ETF 10Long10/25/201128.7286412020.414034
LI HENG CHEM FIBRE TECH LTDLong10/25/20110.12714500021.642624
UE E&C LTD.Long10/25/20110.38510800026.554734
KEPPEL LAND LIMITEDShort10/25/20112.69325100021.422628
KEPPEL TELE & TRANShort10/25/20111.19510200021.542834
SABANA SHARI'AH COMPLIANT REITShort10/25/20110.88586400026.912228

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