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, February 18, 2012

Scan 17 Feb 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA ENTERPRISES HOLDING LTDLong2/17/20120.2619500025.265135
DBXT MSCI BANGLADESH IM ETF 10Long2/17/20120.9111000038.595246
HOCK LIAN SENG HOLDINGS LTDLong2/17/20120.2629000021.973726
PLASTOFORM HOLDINGS LIMITEDLong2/17/20120.026657800024.153028
YOUCAN FOODS INTERNATIONAL LTDLong2/17/20120.03426000074.678416
GOODPACK LIMITEDShort2/17/20121.4693400035.772536
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