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 18, 2012

Scan 17 Sep 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INDIABULLS PROPERTIES INVTRUSTLong9/17/20120.10510200023.253830
SINGAPORE AIRLINES LTDLong9/17/201210.6660300022.792420
SKY CHINA PETROLEUM SVCS LTD.Long9/17/20120.09244700035.143937
SP CORPORATION LIMITEDLong9/17/20120.10124400030.754735
CHINA MERCHANTS HLDGS(PACIFIC)Short9/17/20120.7154700023.82733
ETIKA INTERNATIONAL HLDGS LTDShort9/17/20120.220200030.823335
LANTROVISION (S) LTDShort9/17/20120.2827200020.644751
STARHILL GLOBAL REITShort9/17/20120.74202500026.711416
UNITED SSE 50 CHINA ETFShort9/17/20121.5210550025.563236

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