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

Sunday, April 21, 2013

Scan 19 Apr 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HSI 23000 UB ECW130530Long4/19/20130.04258300022.674438
SINGAPORE AIRLINES LTDLong4/19/201310.9176100024.432016
TRANSCU GROUP LIMITEDLong4/19/20130.011400200026.22118
TYE SOON LTDLong4/19/20130.2512900026.063930
UNIFIED COMMUNICATIONS HLDGLTDLong4/19/20130.04583600038.915144
CHANGJIANG FERTILIZER HLGS LTDShort4/19/20130.13811000023.252178
IHH HEALTHCARE BERHADShort4/19/20131.42383000035.972032
WILMAR MB EPW130903Short4/19/20130.076106000032.083841

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