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, August 19, 2008

Scan 19 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COMPACT METAL INDUSTRIES LTDLong19-Aug-080.0230000032.266532
DATAPULSE TECHNOLOGY LIMITEDLong19-Aug-080.1789000020.633129
SAMKO TIMBER LIMITEDLong19-Aug-080.3522000026.773532
ASIASONS CAPITAL LIMITEDShort19-Aug-080.1346000021.064344
HONG LEONG FINANCE LIMITEDShort19-Aug-083.4111900025.672325
JIUTIAN CHEMICAL GROUP LIMITEDShort19-Aug-080.111962100037.932128
LYXOR INDIA NIFTY ETF 10Short19-Aug-0814.2220345022.53740
SINGAPORE REINSURANCE COR LTDShort19-Aug-080.2623500025.413440
STX PAN OCEAN CO. LTD.Short19-Aug-082.45318900024.82432
WEE HUR HOLDINGS LTD.Short19-Aug-080.2692000020.033541
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