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

Thursday, April 25, 2013

Scan 24 Apr 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHANGJIANG FERTILIZER HLGS LTDLong4/24/20130.154109700026.835446
DEL MONTE PACIFIC LIMITEDLong4/24/20130.7931300023.143228
EXCELPOINT TECHNOLOGY LTDLong4/24/20130.092464500022.294828
LORENZO INTERNATIONAL LIMITEDLong4/24/20130.17218269500836.7991
OVERSEA-CHINESE BANKING CORPLong4/24/201310.9575600026.681916
SEMBCORP MARINE MB ECW131101Long4/24/20130.06300000224540
SINGAPORE AIRLINES LTDLong4/24/201310.7877400020.951918
CENTURION CORPORATION LIMITEDShort4/24/20130.27540600026.331823
COMFORTDELGRO CORPORATION LTDShort4/24/20131.925790800028.951218
FOOD EMPIRE HOLDINGS LIMITEDShort4/24/20130.6819600024.592930
INDOFOOD AGRI MB ECW131202Short4/24/20130.037140000028.34649
SINGAPORE TECH ENGINEERING LTDShort4/24/20134.56401900027.91638
UOL GROUP LIMITEDShort4/24/20136.96119900031.82123

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