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 22, 2008

Scan 22 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
C & O PHARM TECH (HLDGS) LTDLong22-Dec-080.15516500032.465034
CHINA ANIMAL HEALTHCARE LTD.Long22-Dec-080.1178500021.746230
CHINA KANGDA FOOD COMPANY LTDLong22-Dec-080.1852000029.793329
DARCO WATER TECHNOLOGIES LTDLong22-Dec-080.065348500037.235520
FRASERS CENTREPOINT TRUSTLong22-Dec-080.66162500025.222926
FUNG CHOI MEDIA GROUP LIMITEDLong22-Dec-080.065190000020.812219
HOTUNG INVESTMENT HLDGS LTDLong22-Dec-080.0737000032.484432
MACARTHURCOOK INDUSTRIAL REITLong22-Dec-080.255710200039.183831
CSE GLOBAL LTDShort22-Dec-080.37515700023.72930
FREIGHT LINKS EXPRESS HOLDINGSShort22-Dec-080.035111000023.292434
ROWSLEY LTD.Short22-Dec-080.04510300025.882326
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