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, March 18, 2009

Scan 18 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA OILFIELD TEC SVCS GRPLTDLong18-Mar-090.08170300031.44025
E3 HOLDINGS LTD.Long18-Mar-090.00548000028.995641
GMG GLOBAL LTDLong18-Mar-090.09558000029.083628
K-REIT ASIALong18-Mar-090.51522300043.433029
PACIFIC ANDES (HOLDINGS) LTDLong18-Mar-090.155373700028.822827
PACIFIC SHIPPING TRUSTLong18-Mar-090.1543200021.683829
RICKMERS MARITIMELong18-Mar-090.365470000293624
SAIZEN REAL ESTATE INV TRUSTLong18-Mar-090.12547700025.294327
SOUP RESTAURANT GROUP LIMITEDLong18-Mar-090.06519100024.154839
TAT HONG HOLDINGS LTDLong18-Mar-090.6235900024.853227
CHINA YONGSHENG LIMITEDShort18-Mar-090.0190000030.583359
SAPPHIRE CORPORATION LIMITEDShort18-Mar-090.00527500028.233654
SHC CAPITAL LIMITEDShort18-Mar-090.04511000071.19199
SINGAPORE AIRPORT TRML SVCSLTDShort18-Mar-091.1715300026.473032
UNIONMET (SINGAPORE) LIMITEDShort18-Mar-090.03521900026.742632

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