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

Monday, August 18, 2008

Scan 18 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KXD DIGITAL ENTERTAINMENT LTDLong18-Aug-080.025170000051.853122
ADVANCED SYSTEMS AUTOMATIONShort18-Aug-080.0241100038.842635
BENEFUN INT HLDGS LTDShort18-Aug-080.01518000029.213452
CACOLA FURNITURE INTL LIMITEDShort18-Aug-080.2781200022.742130
CHINA ANIMAL HEALTHCARE LTD.Short18-Aug-080.13519100037.372255
OCEANUS GROUP LIMITEDShort18-Aug-080.3951710500022.362231
SUNVIC CHEMICAL HOLDINGS LTDShort18-Aug-080.33434000020.772231
UNITED OVERSEAS BANK LTDShort18-Aug-0819.3455700022.792425
VASHION GROUP LTD.Short18-Aug-080.025406200024.152830
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