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

Tuesday, September 23, 2008

Scan 23 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CELESTIAL NUTRIFOODS LIMITEDLong23-Sep-080.635519300025.552928
MAGNUS ENERGY GROUP LTD.Long23-Sep-080.0451582700022.892816
CHINA INFRASTRUCTURE HLDGS LTDShort23-Sep-080.05561400024.852732
F J BENJAMIN HOLDINGS LTDShort23-Sep-080.345200023.272729
JARDINE CYCLE & CARRIAGE LTDShort23-Sep-0815.6650800023.343545
JAYA HOLDINGS LTDShort23-Sep-081.05154900044.192830
MDR LIMITEDShort23-Sep-080.01336600031.291628
ORCHARD PARADE HOLDINGS LTDShort23-Sep-080.70521300038.282931
PEOPLE'S FOOD HOLDINGS LIMITEDShort23-Sep-080.8757600020.251939
VIBROPOWER CORPORATION LIMITEDShort23-Sep-080.04521600021.173848
YANGZIJIANG SHIPBLDG HLDGS LTDShort23-Sep-080.5451336000038.62432

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