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

Thursday, August 28, 2008

Scan 28 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HG METAL MANUFACTURING LTDLong28-Aug-080.335243600026.032826
HLN TECHNOLOGIES LIMITEDLong28-Aug-080.1889600046.944125
LHT HOLDINGS LIMITEDLong28-Aug-080.05517600025.716335
LONGCHEER HOLDINGS LIMITEDLong28-Aug-080.3695600042.154033
SHANGHAI ASIA HOLDINGS LIMITEDLong28-Aug-080.2210100025.044640
ALBEDO LIMITEDShort28-Aug-080.09175400023.113058
ASIA TIGER GROUP LIMITEDShort28-Aug-080.1210000028.932835
PEOPLE'S FOOD HOLDINGS LIMITEDShort28-Aug-080.9329500021.252931
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