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, February 11, 2009

Scan 11 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
8TELECOM INTL HOLDINGS CO LTDLong11-Feb-090.0416400035.115230
AEI CORPORATION LTDLong11-Feb-090.0837200042.856923
A-SONIC AEROSPACE LIMITEDLong11-Feb-090.0417400035.174732
F J BENJAMIN HOLDINGS LTDLong11-Feb-090.1414200024.043424
K1 VENTURES LIMITEDLong11-Feb-090.145577800025.552320
ACHIEVA LIMITEDShort11-Feb-090.04510100034.173352
DAIRY FARM INT'L HOLDINGS LTDShort11-Feb-094.4319980020.413033
HI-P INTERNATIONAL LIMITEDShort11-Feb-090.3219900020.423335
INNOTEK LIMITEDShort11-Feb-090.18148600020.382771
PACIFIC CENTURY REGIONAL DEVTSShort11-Feb-090.1630900023.922530
SUNSHINE HOLDINGS LIMITEDShort11-Feb-090.0331800031.653035
UNITED FIBER SYSTEM LIMITEDShort11-Feb-090.0386700028.272027

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