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

Saturday, August 31, 2013

Scan 30 Aug 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA BEARING (SINGAPORE) LTD.Long8/30/20130.047326000022.614934
GLOBAL INVESTMENTS LIMITEDLong8/30/20130.147208500030.532925
HEALTH MANAGEMENT INTL LTDLong8/30/20130.12179600021.424035
UNION STEEL HOLDINGS LIMITEDLong8/30/20130.11959000026.315533
HLH GROUP LIMITEDShort8/30/20130.021144700022.492227
KEPCORP MB ECW131101Short8/30/20130.085267500020.923438
SINWA LIMITEDShort8/30/20130.20535500038.083134

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