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

Saturday, January 7, 2012

Scan 6 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASCENDAS INDIA TRUSTLong1/6/20120.70522900025.851918
ASCENDAS REAL ESTATE INV TRUSTLong1/6/20121.92485800032.242726
CNA GROUP LTD.Long1/6/20120.1612500021.014535
K1 VENTURES LIMITEDLong1/6/20120.08167300038.812418
LI HENG CHEM FIBRE TECH LTDLong1/6/20120.129116500026.713122
STRATECH SYSTEMS LIMITEDLong1/6/20120.01611500030.624945
DEVOTION ENERGY GROUP LIMITEDShort1/6/20120.0718000024.043070
EUROPTRONIC GROUP LTDShort1/6/20120.011240700028.823241
SAN TEH LIMITEDShort1/6/20120.27582100024.771276

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