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, June 9, 2012

Scan 7 Jun 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA POWERPLUS LIMITEDLong6/7/20120.0449900052.764947
DMX TECHNOLOGIES GROUP LTDLong6/7/20120.22976400036.753430
FRASERS COMMERCIAL TRUSTLong6/7/20120.92591500024.762322
GOODPACK LIMITEDLong6/7/20121.7249000020.33526
MEMTECH INTERNATIONAL LTDLong6/7/20120.0815500021.814944
NEPTUNE ORIENT LINES LIMITEDLong6/7/20121.06620000028.632926
NOBLE GROUP LIMITEDLong6/7/20121.1153254400031.812625
PENGUIN INTERNATIONAL LIMITEDLong6/7/20120.07937200026.543631
RAFFLES EDUCATION CORP LTDLong6/7/20120.38558700021.682723
SAMKO TIMBER LIMITEDLong6/7/20120.1215000030.995247
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