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 25 May 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BIOSENSORS INT'L GROUP LTD.Long5/25/20121.32376900039.422726
SILVERLAKE AXIS LTDLong5/25/20120.35539500020.963528
TIONG WOON CORP HOLDING LTDLong5/25/20120.2465300022.862524
COMPACT METAL INDUSTRIES LTDShort5/25/20120.00552100023.992632
HLN TECHNOLOGIES LIMITEDShort5/25/20120.18910100032.823537
SINOBEST TECHNOLOGY HLDGS LTD.Short5/25/20120.238000097.431387
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