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

Friday, September 19, 2008

Scan 19 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA INFRASTRUCTURE HLDGS LTDLong19-Sep-080.05549000027.773731
HERSING CORPORATION LTDLong19-Sep-080.24540800028.873632
HIAP SENG ENGINEERING LTDLong19-Sep-080.1935600023.722726
LAFE CORPORATION LIMITEDLong19-Sep-080.05596200033.143732
ORCHARD PARADE HOLDINGS LTDLong19-Sep-080.7622800044.493534
RIVERSTONE HOLDINGS LIMITEDLong19-Sep-080.56149000023.173424
SMRT CORPORATION LTDLong19-Sep-081.99398800023.952822
STX PAN OCEAN CO. LTD.Long19-Sep-082.441040600023.623028
SUNNINGDALE TECH LTDLong19-Sep-080.13533700031.272221
UOL GROUP LIMITEDLong19-Sep-083.1491000031.73326

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