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, October 31, 2008

Scan 31 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BRIGHT WORLD PRECISION MAC LTDLong31-Oct-080.3529200031.443728
DAIRY FARM INT'L HOLDINGS LTDLong31-Oct-084.0434020032.223123
MANDARIN ORIENTAL INTL LTDLong31-Oct-081.2885000026.223328
MEGHMANI ORGANICS LIMITEDLong31-Oct-080.1548000041.114333
NOBLE GROUP LIMITEDLong31-Oct-081.048023900039.593432
RAFFLES EDUCATION CORP LIMITEDLong31-Oct-080.5552260100036.733028
STARHUB LTDLong31-Oct-082.38208800038.552523
UOB-KAY HIAN HOLDINGS LIMITEDLong31-Oct-080.90571000030.84722
WHEELOCK PROPERTIES (S) LTDLong31-Oct-080.825264200053.664028

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