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, October 8, 2008

Scan 8 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PETRA FOODS LIMITEDLong8-Oct-080.8511100031.473433
POH TIONG CHOON LOGISTICS LTDLong8-Oct-080.1815900034.563735
SINOBEST TECHNOLOGY HLDGS LTD.Long8-Oct-080.05515700070.165149
ASIATIC GROUP (HOLDINGS) LTDShort8-Oct-080.11343200032.71930
INNOVALUES LIMITEDShort8-Oct-080.12515800022.652659
LINAIR TECHNOLOGIES LIMITEDShort8-Oct-080.1219600036.063033
LOW KENG HUAT (SINGAPORE) LTDShort8-Oct-080.15570000022.052025
LUM CHANG HOLDINGS LIMITEDShort8-Oct-080.17550900022.842632
NIPPECRAFT LIMITEDShort8-Oct-080.0621500026.522857
ORIENTAL CENTURY LIMITEDShort8-Oct-080.2523100025.832932
PARKWAYLIFE REITShort8-Oct-080.9249800023.82331
TOTAL ACCESS COMM PUB CO LTDShort8-Oct-080.99578120024.332737
VICPLAS INTERNATIONAL LTDShort8-Oct-080.0645000025.943051
YOMA STRATEGIC HOLDINGS LTDShort8-Oct-080.0910700034.233165

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