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

Monday, February 13, 2012

Scan 13 Feb 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
VIZ BRANZ LIMITEDLong2/13/20120.3416000045.436729
S I2I LIMITEDShort2/13/20120.0431668200023.821921
SIN GHEE HUAT CORPORATION LTD.Short2/13/20120.2432700036.713643
SINGAPORE POST LIMITEDShort2/13/20120.965597800027.241923
YONGNAM HOLDINGS LIMITEDShort2/13/20120.251751100039.921922
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