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

Tuesday, May 28, 2013

Scan 27 May 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ZIWO HOLDINGS LTD.Long5/27/20130.06711600025.384833
GAYLIN HOLDINGS LIMITEDShort5/27/20130.58206000027.032830
HSBC UB ECW130916Short5/27/20130.084400000031.973263
HSI 22600 UB ECW130627Short5/27/20130.0763677600053.364654
INNOPAC HOLDINGS LIMITEDShort5/27/20130.19413003900023.751416
JARDINE CYCLE & CARRIAGE LTDShort5/27/201346.421100028.172432
SINGTELShort5/27/20133.941912500029.052728
UOB MB ECW130802Short5/27/20130.1157500038.253645

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