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, September 22, 2008

Scan 22 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA ENERSAVE LTDLong22-Sep-080.0253862900037.823023
CHINA PRECISION TECHNOLOGY LTDLong22-Sep-080.2450100032.744823
F J BENJAMIN HOLDINGS LTDLong22-Sep-080.3112100024.882928
IPCO INT'L LIMITEDLong22-Sep-080.03414700035.62321
JARDINE CYCLE & CARRIAGE LTDLong22-Sep-0816.6273500024.294036
JURONG TECH IND CORP LTDLong22-Sep-080.22118100041.813629
KIM ENG HOLDINGS LIMITEDLong22-Sep-081.374900030.124025
NEPTUNE ORIENT LINES LIMITEDLong22-Sep-082.16733400036.123126
SINGAPORE LAND LIMITEDLong22-Sep-085.3126500050.023330
YANGZIJIANG SHIPBLDG HLDGS LTDLong22-Sep-080.582884200040.652726
TSH CORPORATION LIMITEDShort22-Sep-080.1250000024.923739
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