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 29, 2008

Scan 29 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ABR HOLDINGS LIMITEDLong29-Dec-080.1715400027.14341
ASIA TIGER GROUP LIMITEDLong29-Dec-080.09921000026.713433
BRC ASIA LIMITEDLong29-Dec-080.10510500022.496515
CHINA AUTO ELECTRONICS GRP LTDLong29-Dec-080.04514900030.84038
EUCON HOLDING LIMITEDLong29-Dec-080.0260000047.274836
KENCANA AGRI LIMITEDLong29-Dec-080.12515200023.683526
MARCO POLO MARINE LTD.Long29-Dec-080.2252000023.643220
8TELECOM INTL HOLDINGS CO LTDShort29-Dec-080.03535000027.343554
AEM HOLDINGS LTDShort29-Dec-080.015124000024.974148
CHINA KANGDA FOOD COMPANY LTDShort29-Dec-080.16514500026.442638
HONGGUO INTL HOLDINGS LIMITEDShort29-Dec-080.18528200027.822829
SIN GHEE HUAT CORPORATION LTD.Short29-Dec-080.1615200020.373357
SUNTEC REAL ESTATE INV TRUSTShort29-Dec-080.725311300023.052126
TT INTERNATIONAL LIMITEDShort29-Dec-080.03374000031.291931

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