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 7, 2008

Scan 7 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AEM HOLDINGS LTDLong7-Aug-080.0620000026.94134
ASIASONS CAPITAL LIMITEDLong7-Aug-080.145721300027.455035
OSIM INTERNATIONAL LTDLong7-Aug-080.26510600021.782624
ADDVALUE TECHNOLOGIES LTDShort7-Aug-080.0841100021.293133
ARMARDA GROUP LIMITEDShort7-Aug-080.0792200020.393135
CHINA AUTO ELECTRONICS GRP LTDShort7-Aug-080.1891800029.922033
CHINA NEW TOWN DEVT CO LIMITEDShort7-Aug-080.131163100021.932224
CHINA SKY CHEM FIBRE CO. LTD.Short7-Aug-080.775148300020.032733
GEMS TV HOLDINGS LIMITEDShort7-Aug-080.14595500027.682023
INCHEM HOLDINGS INT LTDShort7-Aug-080.2512000022.733955
KEDA COMMUNICATIONS LTD.Short7-Aug-080.09511000020.414051
KING WAN CORPORATION LIMITEDShort7-Aug-080.1312500020.693545
SINGAPORE PRESS HLDGS LTDShort7-Aug-084.03171900024.182122
VENTURE CORPORATION LIMITEDShort7-Aug-0810.3284500026.062730
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