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 27 Apr 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
OUHUA ENERGY HOLDINGS LIMITEDLong4/27/20120.03512000026.355742
AZEUS SYSTEMS HOLDINGS LTD.Short4/27/20120.05611900044.68892
BH GLOBAL MARINE LIMITEDShort4/27/20120.21533200029.662733
CHINA GREAT LAND HOLDINGS LTD.Short4/27/20120.01620000024.073563
FRAGRANCE GROUP LIMITEDShort4/27/20120.4151149000030.762837
MACARTHURCOOK PROP SEC FUNDShort4/27/20120.07761400044.672250
MEIBAN GROUP LTDShort4/27/20120.3928600050.612125
OTTO MARINE LIMITEDShort4/27/20120.1071514700028.492530
SHENG SIONG GROUP LTDShort4/27/20120.46733000029.071629
SIN HENG HEAVY MACHINERY LTDShort4/27/20120.2253071900054.62630
SUN EAST GROUP LIMITEDShort4/27/20120.018148000038.332831
TIONG WOON CORP HOLDING LTDShort4/27/20120.26399100030.512228

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