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

Thursday, March 22, 2012

Scan 22 Mar 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AVIC INTL INVESTMENTS LIMITEDLong3/22/20120.16208300020.144833
GALLANT VENTURE LTD.Long3/22/20120.295470100020.342422
FIRST SHIP LEASE TRUSTShort3/22/20120.215134000025.962628
HG METAL MANUFACTURING LTDShort3/22/20120.09950900030.063337
HISAKA HOLDINGS LTD.Short3/22/20120.40528500023.314044
HONGKONG LAND HOLDINGS LIMITEDShort3/22/20125.5304200021.811922
JARDINE STRATEGIC HLDGS LTDShort3/22/201231.315850023.772425
LUXKING GROUP HOLDINGS LIMITEDShort3/22/20120.01569000038.722871
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