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

Thursday, August 30, 2012

Scan 29 Aug 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASPIAL CORPORATION LIMITEDLong8/29/20120.3866900020.253630
PTERIS GLOBAL LIMITEDLong8/29/20120.121196100020.754020
UNITED ENVIROTECH LTDLong8/29/20120.32512500033.582520
UPP HOLDINGS LIMITEDLong8/29/20120.305702700022.22419
XMH HOLDINGS LTD.Long8/29/20120.189121000024.634436
ADVANCE SCT LIMITEDShort8/29/20120.016503700027.532428
FREIGHT LINKS EXPRESS HOLDINGSShort8/29/20120.064399400028.161826
GLOBAL INVESTMENTS LIMITEDShort8/29/20120.135125200037.772531
UNITED ENGINEERS LTD ORDShort8/29/20122.2473200020.652324

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