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, January 11, 2012

Scan 11 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA HONGCHENG HOLDINGS LTDLong1/11/20120.03344000036.07937
FRASERS COMMERCIAL TRUST CPPULong1/11/20121.0484900027.995329
HIAP SENG ENGINEERING LTDLong1/11/20120.2813100027.713029
HO BEE INVESTMENT LIMITEDLong1/11/20121.01515600025.492625
JES INTERNATIONAL HOLDINGS LTDLong1/11/20120.168163000020.493118
OLAM INTERNATIONAL LIMITEDLong1/11/20122.271315100022.242624
ACTION ASIA LIMITEDShort1/11/20120.14311700031.23661
FIRST SHIP LEASE TRUSTShort1/11/20120.29163300020.871824
ROWSLEY LTD.Short1/11/20120.05694200021.962829
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