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

Tuesday, June 12, 2012

Scan 12 Jun 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA TAISAN TECH GRP HLDGSLTDLong6/12/20120.11719342300828.184713
SINOTEL TECHNOLOGIES LTD.Long6/12/20120.09727000027.314240
YANLORD LAND GROUP LIMITEDLong6/12/20121.09382500031.642521
AP OIL INTERNATIONAL LIMITEDShort6/12/20120.15417600033.93743
DBXT MSCI PHILIPPINES ETF 10Short6/12/20121.46812000029.194243
LEADER ENVIRONMENTAL TECH LTDShort6/12/20120.09122200034.072055
LIAN BENG GROUP LTDShort6/12/20120.35524300024.882123
SAMKO TIMBER LIMITEDShort6/12/20120.1226000025.92835

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