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, May 8, 2013

Scan 7 May 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HANKORE ENVIRONMENT TEC GRPLTDLong5/7/20130.0431305700023.061918
LEE METAL GROUP LTDLong5/7/20130.32525000039.383428
SEROJA INVESTMENTS LIMITEDLong5/7/20130.16410500025.913629
HOTUNG INVESTMENT HLDGS LTDShort5/7/20130.14991900035.011546
SOUP RESTAURANT GROUP LIMITEDShort5/7/20130.12875600046.272045
UMS HOLDINGS LIMITEDShort5/7/20130.45538600030.331225
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