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

Wednesday, August 20, 2008

Scan 20 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHOSEN HOLDINGS LIMITEDLong20-Aug-080.1627300033.943926
EQUATION CORP LIMITEDLong20-Aug-080.0654200032.922523
INTERRA RESOURCES LIMITEDLong20-Aug-080.2349500026.522823
JIUTIAN CHEMICAL GROUP LIMITEDLong20-Aug-080.1255288700035.73025
STRAITS ASIA RESOURCES LIMITEDLong20-Aug-082.672186800037.743227
WANXIANG INTERNATIONAL LIMITEDLong20-Aug-080.08527800030.343820
ASA GROUP HOLDINGS LTDShort20-Aug-080.0529000026.773943
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