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

Thursday, October 9, 2008

Scan 9 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AUTRON CORPORATION LIMITEDLong9-Oct-080.02532200023.563933
LUM CHANG HOLDINGS LIMITEDLong9-Oct-080.19125700021.232928
ORIENTAL CENTURY LIMITEDLong9-Oct-080.25531400024.383127
A-SONIC AEROSPACE LIMITEDShort9-Oct-080.0566000025.452260
KARIN TECHNOLOGY HLDGS LIMITEDShort9-Oct-080.220000025.622459
PETRA FOODS LIMITEDShort9-Oct-080.8352100029.283032
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