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 25, 2008

Scan 25 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INFORMATICS EDUCATION LTD.Long25-Aug-080.03550100048.12321
PCA TECHNOLOGY LIMITEDLong25-Aug-080.1131900038.493330
SINGAPORE FOOD INDUSTRIES LTDLong25-Aug-080.842000024.732921
SINOMEM TECHNOLOGY LIMITEDLong25-Aug-080.39513200052.253226
STARHUB LTDLong25-Aug-082.62100500022.252220
SUNWAY INTL HLDGS LTDLong25-Aug-080.0512200020.095630
SAMKO TIMBER LIMITEDShort25-Aug-080.3522500022.842551

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