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, September 11, 2012

Scan 10 Sep 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOBAL INVESTMENTS LIMITEDLong9/10/20120.13713500026.353329
HISAKA HOLDINGS LTD.Long9/10/20120.28520400024.352724
OLAM INTERNATIONAL LIMITEDLong9/10/20121.942039200021.732524
OVERSEAS UNION ENTERPRISE LTDLong9/10/20122.57176300020.063021
A-SONIC AEROSPACE LIMITEDShort9/10/20120.03456400023.693353
INTRACO LIMITEDShort9/10/20120.6411600028.973438

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