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

Wednesday, November 21, 2012

Scan 19 Nov 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BUMITAMA AGRI LTD.Long11/19/20121.045564100020.62617
CHINA KUNDA TECH HOLDINGS LTDLong11/19/20120.03421000050.635215
CHINA MINZHONG FOOD CORP LTDLong11/19/20120.805682300020.962321
GLOBAL PREMIUM HOTELS LIMITEDLong11/19/20120.24189800029.382220
GSH CORPORATION LIMITEDLong11/19/20120.0915366700045.643527
TREASURY CHINA TRUSTShort11/19/20121.457700038.922535
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