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, May 27, 2009

Scan 27 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CDW HOLDING LIMITEDLong27-May-090.06526000024.814732
CHINA BEARING (SINGAPORE) LTD.Long27-May-090.0715000021.625343
DESIGN STUDIO FURNITURE MFRLTDLong27-May-090.22528600024.553429
JARDINE CYCLE & CARRIAGE LTDLong27-May-0916.359200024.153222
KEPPEL LAND LIMITEDLong27-May-092.132430900022.043530
WBL CORPORATION LIMITEDLong27-May-093.63181400026.944534
ASIA SILK HOLDINGS LIMITEDShort27-May-090.02510600063.033064
BRIGHT WORLD PRECISION MAC LTDShort27-May-090.13532500023.073335
CHINA JISHAN HOLDINGS LIMITEDShort27-May-090.0639000034.373943
CHINA VIDEO SURVEILLANCE LTDShort27-May-090.1314200044.733749
FUJI OFFSET PLATES MFG LTDShort27-May-090.26510200027.823654
KXD DIGITAL ENTERTAINMENT LTDShort27-May-090.01295000029.693435

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