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 6, 2008

Scan 6 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALBEDO LIMITEDLong6-Aug-080.12523800020.165420
BRIGHT WORLD PRECISION MAC LTDLong6-Aug-080.465120300032.314537
CAPITARETAIL CHINA TRUSTLong6-Aug-081.18198700030.122924
DARCO WATER TECHNOLOGIES LTDLong6-Aug-080.1438900026.213533
K1 VENTURES LIMITEDLong6-Aug-080.2251600021.342321
RIVERSTONE HOLDINGS LIMITEDLong6-Aug-080.51537800031.462316
SINGAPORE LAND LIMITEDLong6-Aug-086.314200020.493130
SINGAPORE PRESS HLDGS LTDLong6-Aug-084.03376600026.032219
SINGAPORE TECH ENGINEERING LTDLong6-Aug-082.88639500024.762820
SINGXPRESS LTD.Short6-Aug-080.02542500036.213366
SUNMOON FOOD COMPANY LIMITEDShort6-Aug-080.005879000043.591825
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