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 26, 2012

Scan 24 May 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CAMBRIDGE INDUSTRIAL TRUSTLong5/24/20120.535297900024.362822
METRO HOLDINGS LIMITEDLong5/24/20120.7585200025.683222
NEXT-GEN SATELLITE COMM LTDLong5/24/20120.0125260400024.372416
SUNMOON FOOD COMPANY LIMITEDLong5/24/20120.00395100022.422926
TAT HONG HOLDINGS LTDLong5/24/20121.0316200020.093529
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