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, October 14, 2008

Scan 14 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA POWER CORP LTDLong14-Oct-080.16510200037.874034
HLH GROUP LIMITEDLong14-Oct-080.0269100031.63231
NTEGRATOR INTERNATIONAL LTDLong14-Oct-080.0323000032.735130
SIA ENGINEERING CO LTDLong14-Oct-082.2540100039.23024
SIM SIANG CHOON LIMITEDLong14-Oct-080.234500036.593231
ENPORIS GREENZ LIMITEDShort14-Oct-080.0445500029.882446
IONICS EMS INCShort14-Oct-080.01530000053.723563
POH TIONG CHOON LOGISTICS LTDShort14-Oct-080.1620400025.872831

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