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

Thursday, January 26, 2012

Scan 26 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GMG GLOBAL LTDLong1/26/20120.1232845800024.892322
LEE METAL GROUP LTDLong1/26/20120.2122100045.913226
PENGUIN INTERNATIONAL LIMITEDLong1/26/20120.07521700033.862827
CACHE LOGISTICS TRUSTShort1/26/20120.9794700032.12225
CAMBRIDGE INDUSTRIAL TRUSTShort1/26/20120.58945000241820
MANHATTAN RESOURCES LIMITEDShort1/26/20120.91522900022.873032
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