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

Wednesday, May 2, 2012

Scan 2 May 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AP OIL INTERNATIONAL LIMITEDLong5/2/20120.17710500020.586427
GLOBAL TECH (HLDGS) LIMITEDLong5/2/20120.006118800025.744847
GUL TECHNOLOGIES SINGAPORE LTDLong5/2/20120.06820000021.044642
MANDARIN ORIENTAL INTL LTDLong5/2/20121.61269600023.963227
MDR LIMITEDLong5/2/20120.01213728600029.81815
SABANA SHARI'AH COMPLIANT REITLong5/2/20120.96129000027.212322
SARIN TECHNOLOGIES LTDLong5/2/20121.3216800023.644130
SIA ENGINEERING CO LTDLong5/2/20123.9814300025.822722
SIN HENG HEAVY MACHINERY LTDLong5/2/20120.2353423200047.462726
SURFACE MOUNT TECH (HLDGS) LTDLong5/2/20120.03312000022.516031
WHEELOCK PROPERTIES (S) LTDLong5/2/20121.7843400031.262927
WILMAR INTERNATIONAL LIMITEDLong5/2/20124.94798800021.352120
HO BEE INVESTMENT LIMITEDShort5/2/20121.37518600020.112028
NICO STEEL HOLDINGS LIMITEDShort5/2/20120.0914700021.634352
NSL LTD.Short5/2/20121.50517500021.062729
PTERIS GLOBAL LIMITEDShort5/2/20120.13516000027.683440
SUNRAY HOLDINGS LIMITEDShort5/2/20120.01543500042.714651
SUPERBOWL HOLDINGS LIMITEDShort5/2/20120.31116300030.843038
UE E&C LTD.Short5/2/20120.67206600053.212233

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