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

Sunday, April 29, 2012

Scan 26 Apr 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GMG GLOBAL LTDLong4/26/20120.1444608500020.593121
MIDAS HLDGS LIMITEDLong4/26/20120.371002000020.042316
NEW TOYO INT HLDGS LTDLong4/26/20120.319000020.633827
YOMA STRATEGIC HOLDINGS LTDLong4/26/20120.5453244200037.22521
EXCELPOINT TECHNOLOGY LTDShort4/26/20120.06714000026.412730
HONG LEONG FINANCE LIMITEDShort4/26/20122.4643400029.681726
MERMAID MARITIME PUBLIC CO LTDShort4/26/20120.3178500020.082425
PAN-UNITED CORPORATION LTDShort4/26/20120.50513000038.413031
SABANA SHARI'AH COMPLIANT REITShort4/26/20120.95139700032.751924
SEMBCORP INDUSTRIES LTDShort4/26/20125.16311600022.842326
UMS HOLDINGS LIMITEDShort4/26/20120.471072900029.382023

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