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, March 13, 2013

Scan 12 Mar 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FRASERS COMMERCIAL TRUSTLong3/12/20131.35188800028.622419
PENGUIN INTERNATIONAL LIMITEDLong3/12/20130.0826500035.192928
PNE INDUSTRIES LTDLong3/12/20130.09916000024.736435
SATS LTD.Long3/12/20132.96298100027.022814
VENTURE CORPORATION LIMITEDLong3/12/20138.6460300025.812623
DRAGON GROUP INTL LIMITEDShort3/12/20130.115000029.183348
HG METAL MANUFACTURING LTDShort3/12/20130.099454800041.092627
TELEDATA (SINGAPORE) LTDShort3/12/20130.0131960500026.552124
UNION STEEL HOLDINGS LIMITEDShort3/12/20130.12521000029.732937
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