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, May 11, 2009

Scan 11 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA KANGDA FOOD COMPANY LTDLong11-May-090.17537100025.973330
HUAN HSIN HOLDINGS LTDLong11-May-090.2115700033.735134
JUNMA TYRE CORD COMPANY LTDLong11-May-090.0824000045.667326
PROGEN HOLDINGS LTDLong11-May-090.05519300027.583938
SBS TRANSIT LTDLong11-May-091.6310300034.73224
SIM SIANG CHOON LIMITEDLong11-May-090.1213900046.314947
LHT HOLDINGS LIMITEDShort11-May-090.0518000020.524852
MOBILEONE LTDShort11-May-091.48185400020.552630
NSL LTD.Short11-May-091.1912700047.543135
SAIZEN REAL ESTATE INV TRUSTShort11-May-090.135442600026.013233

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