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

Saturday, May 19, 2012

Scan 17 May 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
JUKEN TECHNOLOGY LIMITEDLong5/17/20120.172585800035.084627
PAN HONG PROPERTY GROUP LTDLong5/17/20120.2710200033.775041
SIN HENG HEAVY MACHINERY LTDLong5/17/20120.2351366900025.882924
AZTECH GROUP LTD.Short5/17/20120.09548400020.42441
LOTTVISION LIMITEDShort5/17/20120.013522900031.173034
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