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

Monday, December 15, 2008

Scan 15 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ABR HOLDINGS LIMITEDLong15-Dec-080.211300034.415835
BEYONICSTECHNOLOGY LIMITEDLong15-Dec-080.12546800027.13128
DBS GROUP HOLDINGS LTDLong15-Dec-0810.1692300028.362624
FRAGRANCE GROUP LIMITEDLong15-Dec-080.2330700020.143929
HOR KEW CORPORATION LIMITEDLong15-Dec-080.04521000021.185439
LOW KENG HUAT (SINGAPORE) LTDLong15-Dec-080.13541400024.234130
ULTRO TECHNOLOGIES LIMITEDLong15-Dec-080.03513000024.065430
UNITED ENVIROTECH LTDLong15-Dec-080.105138500033.072320
HONG LEONG FINANCE LIMITEDShort15-Dec-081.9920200027.742931
MAN WAH HOLDINGS LIMITEDShort15-Dec-080.1440200023.053233
SINGAPORE PETROLEUM CO LTDShort15-Dec-082.14302900026.952629

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