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, December 12, 2012

Scan 12 Dec 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BUMITAMA AGRI LTD.Long12/12/20121.07166400023.812821
CDL HOSPITALITY TRUSTSLong12/12/20121.93392800024.32220
CHEUNG WOH TECHNOLOGIES LTDLong12/12/20120.17209500042.615742
FDS NETWORKS GROUP LTDLong12/12/20120.0281611400044.24899
HUAN HSIN HOLDINGS LTDLong12/12/20120.04437400032.914535
INDOFOOD AGRI MB ECW130603Long12/12/20120.04720000031.737124
QAF LTDLong12/12/20120.7350900028.632723
STX OSV HOLDINGS LIMITEDShort12/12/20121.43502800029.292526
UNIONMET (SINGAPORE) LIMITEDShort12/12/20120.03138900020.754257

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