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, July 16, 2013

Scan 16 Jul 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BROADWAY INDUSTRIAL GROUP LTDLong7/16/20130.2945000021.443220
DBXT MSCI BANGLADESH IM ETF 10Long7/16/20130.93414000021.014745
FORTUNE REAL ESTATE INV TRUSTLong7/16/20137.26163300023.252524
GMG GLOBAL LTDLong7/16/20130.1082312800040.362517
HEALTH MANAGEMENT INTL LTDLong7/16/20130.11853500029.974637
HU AN CABLE HOLDINGS LTD.Long7/16/20130.10731500029.073433
INNOPAC HOLDINGS LIMITEDLong7/16/20130.15362222899255.054123
KEPPEL REITLong7/16/20131.355844800024.982322
OLAM INTERNATIONAL LIMITEDLong7/16/20131.65277700026.032421
SINGAPORE SHIPPING CORP LTDLong7/16/20130.2538600020.134434
TRANSCU GROUP LIMITEDLong7/16/20130.0126088600027.192725
UNION STEEL HOLDINGS LIMITEDLong7/16/20130.11561000027.126832
A-SONIC AEROSPACE LIMITEDShort7/16/20130.0611500030.712931
DEBAO PROPERTY DEVELOPMENT LTDShort7/16/20130.07111600024.214256
OCBC BK MB ECW131101Short7/16/20130.047330300030.543033

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