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, December 16, 2008

Scan 16 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CACOLA FURNITURE INTL LIMITEDLong16-Dec-080.0768300026.552520
HYFLUX WATER TRUSTLong16-Dec-080.3543600024.183028
LINAIR TECHNOLOGIES LIMITEDLong16-Dec-080.08537000020.646323
MAPLETREE LOGISTICS TRUSTLong16-Dec-080.345487400044.092725
NATURAL COOL HOLDINGS LIMITEDLong16-Dec-080.320000068.025827
OCEAN INT'L HOLDINGS LIMITEDLong16-Dec-080.01543200054.745344
QIAN FENG FABRIC TECH LIMITEDLong16-Dec-080.07512800029.712524
THE LEXICON GROUP LIMITEDLong16-Dec-080.0113300032.645443
ALANTAC TECHNOLOGY LTD.Short16-Dec-080.04520500024.162628
ASL MARINE HOLDINGS LTDShort16-Dec-080.44568100026.272729
A-SONIC AEROSPACE LIMITEDShort16-Dec-080.04260100020.313159
CHINA YONGSHENG LIMITEDShort16-Dec-080.015220200025.863546
DBS GROUP HOLDINGS LTDShort16-Dec-089.96802100026.642427
E3 HOLDINGS LTD.Short16-Dec-080.0128500020.182342
INTERNET TECHNOLOGY GRP LTDShort16-Dec-080.02512100028.394455

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