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, September 29, 2012

Scan 28 Sep 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HUTCHISON PORT HLDGS TRUST S$Long9/28/20120.895127800021.432221
INDIABULLS PROPERTIES INVTRUSTLong9/28/20120.11311200025.634432
SKY CHINA PETROLEUM SVCS LTD.Long9/28/20120.0914400020.344137
THAI VILLAGE HOLDINGS LTDLong9/28/20120.12434300035.226337
UNITED SSE 50 CHINA ETFLong9/28/20121.5319490023.423531
ASCENDAS INDIA TRUSTShort9/28/20120.765718000033.441736
IPC CORPORATION LIMITEDShort9/28/20120.146588300022.91719
STRATECH SYSTEMS LIMITEDShort9/28/20120.0191921000025.161518

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