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 4, 2012

Scan 4 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FIRST REAL ESTATE INV TRUSTLong1/4/20120.7636400024.592422
FRASERS COMMERCIAL TRUSTLong1/4/20120.7516800020.072219
K-REIT ASIALong1/4/20120.86386500036.983226
ORCHARD PARADE HOLDINGS LTDLong1/4/20121.2911200022.92928
SINGAPORE AIRLINES LTDLong1/4/201210.3990200024.822322
CHINA HAIDA LTD.Short1/4/20120.0240000045.033854
DAPAI INTL HLDG CO. LTD.Short1/4/20120.04117400039.913138
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