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 5, 2012

Scan 4 May 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA TAISAN TECH GRP HLDGSLTDLong5/4/20120.0911918500033.432119
CITY DEVELOPMENTS LIMITEDLong5/4/201210.59149700032.342321
FORELAND FABRICTECH HLDS LTDLong5/4/20120.0961021500032.233918
OTTO MARINE LIMITEDLong5/4/20120.1082706500022.512724
SECOND CHANCE PROPERTIES LTDLong5/4/20120.3814500020.933222
SUN EAST GROUP LIMITEDLong5/4/20120.01933000029.583428
NEXT-GEN SATELLITE COMM LTDShort5/4/20120.0131276600020.372021
SUNNINGDALE TECH LTDShort5/4/20120.12582300023.612126
TIONG SENG HOLDINGS LIMITEDShort5/4/20120.225170000036.763745
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