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

Friday, April 20, 2012

Scan 19 Apr 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DELONG HOLDINGS LIMITEDLong4/19/20120.34516200024.434028
INTERNET TECHNOLOGY GRP LTDLong4/19/20120.1421900037.196725
LMA INTERNATIONAL N.V.Long4/19/20120.43516600030.244625
NICO STEEL HOLDINGS LIMITEDLong4/19/20120.0910900032.755244
OVERSEAS UNION ENTERPRISE LTDLong4/19/20122.36157000022.42522
PERENNIAL CHINA RETAIL TRUSTLong4/19/20120.531520600031.513319
CHEMOIL ENERGY LIMITEDShort4/19/20120.36576400020.472023
CHUAN HUP HOLDINGS LIMITEDShort4/19/20120.22519000021.973036
GMG GLOBAL LTDShort4/19/20120.144609800025.092224
GUOCOLAND LIMITEDShort4/19/20121.85517200021.122728
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