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, February 9, 2009

Scan 9 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BENEFUN INT HLDGS LTDLong9-Feb-090.01558000056.896139
CHIP ENG SENG CORPORATION LTDLong9-Feb-090.1834800023.633022
HOTUNG INVESTMENT HLDGS LTDLong9-Feb-090.08522000031.383718
UNITED FIBER SYSTEM LIMITEDLong9-Feb-090.03525100030.992319
IDT HOLDINGS (SINGAPORE) LTDShort9-Feb-090.1931100024.913337
MACQUARIE INT'L INFRA FUND LTDShort9-Feb-090.265288000021.62024
PACIFIC CENTURY REGIONAL DEVTSShort9-Feb-090.16545000027.12831
SINGAPORE POST LIMITEDShort9-Feb-090.79589100020.652123
TYE SOON LTDShort9-Feb-090.0610600034.734258
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