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, December 18, 2008

Scan 18 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASCENDAS REAL ESTATE INV TRUSTLong18-Dec-081.4508600022.692520
CHINA YONGSHENG LIMITEDLong18-Dec-080.015281400023.84638
ADDVALUE TECHNOLOGIES LTDShort18-Dec-080.0573600024.351925
ASL MARINE HOLDINGS LTDShort18-Dec-080.4437200022.762830
CHINA MERCHANTS HLDGS(PACIFIC)Short18-Dec-080.5115500033.62656
FEDERAL INT(2000) LTDShort18-Dec-080.1436500021.772728
FIRST REAL ESTATE INV TRUSTShort18-Dec-080.445800022.162527
HOTUNG INVESTMENT HLDGS LTDShort18-Dec-080.07571000036.093338
QIAN FENG FABRIC TECH LIMITEDShort18-Dec-080.0728700025.842123
SINGAPORE PETROLEUM CO LTDShort18-Dec-082.15186100021.912628
SM SUMMIT HOLDINGS LTDShort18-Dec-080.18559600039.542848
TAI SIN ELECTRIC LIMITEDShort18-Dec-080.1510400020.862946
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