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 18, 2012

Scan 18 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACTION ASIA LIMITEDLong1/18/20120.1612100027.743633
BROADWAY INDUSTRIAL GROUP LTDLong1/18/20120.281942300027.354137
GMG GLOBAL LTDLong1/18/20120.1226609000033.072423
KEPPEL TELE & TRANLong1/18/20121.0875700021.132625
MDR LIMITEDLong1/18/20120.005256300024.313534
NEXT-GEN SATELLITE COMM LTDLong1/18/20120.01187000025.452618
SINWA LIMITEDLong1/18/20120.12115000345932
ETIKA INTERNATIONAL HLDGS LTDShort1/18/20120.25532100020.882528
INNO-PACIFIC HOLDINGS LTDShort1/18/20120.00839800026.484455
NAM LEE PRESSED METAL INDS LTDShort1/18/20120.2511100028.842747

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