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, November 6, 2008

Scan 6 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
YHI INTERNATIONAL LIMITEDLong6-Nov-080.1337400022.273532
EQUATION CORP LIMITEDShort6-Nov-080.0411100028.13839
GENTING INT'L PUBLIC LTD COShort6-Nov-080.3951396800030.272527
HONG LEONG ASIA LTD.Short6-Nov-080.7147200035.212934
KOH BROTHERS GROUP LIMITEDShort6-Nov-080.10550200035.762644
MEDIARING LTDShort6-Nov-080.0615700038.232226
MEGHMANI ORGANICS LIMITEDShort6-Nov-080.1235300031.923738
PARKWAYLIFE REITShort6-Nov-080.775122100020.42627
SP CHEMICALS LTDShort6-Nov-080.6919400023.133033
STARHUB LTDShort6-Nov-082.22154000029.072122
STRAITS ASIA RESOURCES LIMITEDShort6-Nov-081.09817000020.272629
SUNVIC CHEMICAL HOLDINGS LTDShort6-Nov-080.165189100039.332329
WING TAI HLDGS LTDShort6-Nov-080.7664200042.12932
YONGNAM HOLDINGS LIMITEDShort6-Nov-080.075276000041.822630
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