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, January 7, 2014

Scan 7 Jan 14

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BENG KUANG MARINE LIMITEDLong1/7/20140.09354000030.376434
CHINA MINING INTERNATIONAL LTDLong1/7/20140.07416500023.44140
ZHONGMIN BAIHUI RETAIL GRP LTDLong1/7/20141.77257200029.893125
DEL MONTE PACIFIC LIMITEDShort1/7/20140.59302200031.162627
FIRST RESOURCES LIMITEDShort1/7/20142.04240600020.392223
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