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, October 13, 2012

Scan 12 Oct 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FIRST REAL ESTATE INV TRUSTLong10/12/20121.03548900035.782120
FREIGHT LINKS EXPRESS HOLDINGSLong10/12/20120.06718400022.892924
HO BEE INVESTMENT LIMITEDLong10/12/20121.4430600044.32623
NOBLE GROUP MB ECW130201Long10/12/20120.05232500028.953931
SWIBER HOLDINGS LIMITEDLong10/12/20120.64346600027.192320
WEE HUR HOLDINGS LTD.Long10/12/20120.28556600022.52821
SING INVESTMENTS & FINANCE LTDShort10/12/20121.4152900024.141564
SRI TRANG AGRO-INDUSTRY PCLShort10/12/20120.618200034.783164
THAKRAL CORPORATION LTDShort10/12/20120.02989000025.722225

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