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

Tuesday, March 20, 2012

Scan 20 Mar 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIASONS WFG FINANCIAL LTD.Long3/20/20120.1447600030.96946
KINGBOARD COPPER FOIL HDGS LTDLong3/20/20120.19969200021.736029
CHINA AVIATION OIL(S) CORP LTDShort3/20/20121.19511300020.92831
FORELAND FABRICTECH HLDS LTDShort3/20/20120.103128600025.813133
SC GLOBAL DEVELOPMENTS LTDShort3/20/20121.05524300022.242531
SINOTEL TECHNOLOGIES LTD.Short3/20/20120.16930500020.372830
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