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, September 24, 2013

Scan 24 Sep 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SILVERLAKE AXIS LTDLong9/24/20130.74339500032.642219
AURIC PACIFIC GROUP LIMITEDShort9/24/20131.4820500023.122455
AUSGROUP LIMITEDShort9/24/20130.345303400026.031721
BUMITAMA AGRI LTD.Short9/24/20130.98220800031.822736
CHINA POWERPLUS LIMITEDShort9/24/20130.03723100021.173746
HO BEE INVESTMENT LIMITEDShort9/24/20132.1121600023.042734
OCEANUS GROUP LIMITEDShort9/24/20130.0237594000029.422028
S I2I LIMITEDShort9/24/20130.01913000027.292124
TEE LAND LIMITEDShort9/24/20130.38521500023.421821
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