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, April 17, 2013

Scan 17 Apr 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASCENDAS INDIA TRUSTLong4/17/20130.84598900021.91811
COURTS ASIA LIMITEDLong4/17/20130.9843600023.283026
F J BENJAMIN HOLDINGS LTDLong4/17/20130.2610300022.013332
HL GLOBAL ENTERPRISES LIMITEDLong4/17/20130.06430600020.45140
CHINA PAPER HOLDINGS LIMITEDShort4/17/20130.036104800027.442630
CHUAN HUP HOLDINGS LIMITEDShort4/17/20130.26510100021.991723
HUTCHISON PORT HLDGS TRUST S$Short4/17/20131.01963700020.62139
HUTCHISON PORT HOLDINGS TRUSTShort4/17/20130.825807800025.681828
LINDETEVES-JACOBERG LTDShort4/17/20130.04322200030.023947

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