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, March 21, 2012

Scan 21 Mar 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DMX TECHNOLOGIES GROUP LTDLong3/21/20120.28951100029.62924
K1 VENTURES LIMITEDLong3/21/20120.103193200022.132420
STAR PHARMACEUTICAL LIMITEDLong3/21/20120.03717900032.935740
ADVANCE SCT LIMITEDShort3/21/20120.03997100021.432426
DIGILAND INTERNATIONAL LTDShort3/21/20120.002107500027.181218
GALLANT VENTURE LTD.Short3/21/20120.295322100021.72324
K-REIT ASIAShort3/21/20120.93589000025.981619
YANLORD LAND GROUP LIMITEDShort3/21/20121.2951200900026.142526
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