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, September 24, 2008

Scan 24 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CENTILLION ENV & RECYC LIMITEDLong24-Sep-080.01567000027.871918
LOW KENG HUAT (SINGAPORE) LTDLong24-Sep-080.1731300021.693021
MDR LIMITEDLong24-Sep-080.01550000029.042625
MIDSOUTH HOLDINGS LTDLong24-Sep-080.76516200028.083528
ONIONTECH LIMITEDLong24-Sep-080.0720600045.333123
PORTEK INTERNATIONAL LIMITEDLong24-Sep-080.6599200028.963624
RICHLAND GROUP LIMITEDLong24-Sep-080.42226600040.21816
SINGAPORE AIRPORT TRML SVCSLTDLong24-Sep-081.6775800045.414216
SINGXPRESS LTD.Long24-Sep-080.02564900025.955838
YHI INTERNATIONAL LIMITEDLong24-Sep-080.17511500022.233332
CHINA ENERSAVE LTDShort24-Sep-080.025114100033.532730
CHINA PRECISION TECHNOLOGY LTDShort24-Sep-080.1830000032.153150

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