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

Wednesday, January 28, 2009

Scan 28 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASCOTT RESIDENCE TRUSTLong28-Jan-090.555137500021.32625
ASIA-PACIFIC STRATEGIC INV LTDLong28-Jan-090.2141600037.142823
CHINA XLX FERTILISER LTD.Long28-Jan-090.365302700020.742824
LERENO BIO-CHEM LTD.Long28-Jan-090.0120100023.926234
SILVERLAKE AXIS LTDLong28-Jan-090.0951172300024.62423
SOUP RESTAURANT GROUP LIMITEDLong28-Jan-090.128400043.584843
EU YAN SANG INTERNATIONAL LTDShort28-Jan-090.2813300032.743744
UNITED FOOD HOLDINGS LIMITEDShort28-Jan-090.04568200027.383242
WESTECH ELECTRONICS LIMITEDShort28-Jan-090.0344000022.111782

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