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 7, 2008

Scan 7 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIATIC GROUP (HOLDINGS) LTDLong7-Oct-080.12397300033.592521
LUM CHANG HOLDINGS LIMITEDLong7-Oct-080.18524600023.912928
NIPPECRAFT LIMITEDLong7-Oct-080.06512000025.95149
ORIENTAL CENTURY LIMITEDLong7-Oct-080.29510700027.563836
FORTUNE REAL ESTATE INV TRUSTShort7-Oct-083.0243600043.252326
JURONG TECH IND CORP LTDShort7-Oct-080.2127700022.912933
ORCHARD PARADE HOLDINGS LTDShort7-Oct-080.62518600022.622428
PLASTOFORM HOLDINGS LIMITEDShort7-Oct-080.03520000038.763559
WEE HUR HOLDINGS LTD.Short7-Oct-080.2711100026.52336
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