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

Tuesday, May 5, 2009

Scan 5 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CENTILLION ENV & RECYC LIMITEDLong5-May-090.0151006600022.833831
COMPACT METAL INDUSTRIES LTDLong5-May-090.01801300033.636535
ELECTROTECH INVESTMENTS LTDLong5-May-090.1810400025.34528
FOOD EMPIRE HOLDINGS LIMITEDLong5-May-090.27520100029.565040
K1 VENTURES LIMITEDLong5-May-090.13379100024.942117
LAFE CORPORATION LIMITEDLong5-May-090.0619400023.285343
MAGNUS ENERGY GROUP LTD.Long5-May-090.025104600025.731813
SAMKO TIMBER LIMITEDLong5-May-090.061031000234438
SEE HUP SENG LIMITEDLong5-May-090.19817500027.813918
SOILBUILD GROUP HOLDINGS LTDLong5-May-090.55513700027.533724
STRATECH SYSTEMS LIMITEDLong5-May-090.025107700020.554531
TELEDATA (SINGAPORE) LTDLong5-May-090.01565000022.455234
TEXCHEM-PACK HOLDINGS (S) LTD.Long5-May-090.13535000089.954918
VALUETRONICS HOLDINGS LIMITEDLong5-May-090.0822500022.125344
CFM HOLDINGS LIMITEDShort5-May-090.1117500087.312570
INNOTEK LIMITEDShort5-May-090.17155000036.742744
MFS TECHNOLOGY LTDShort5-May-090.18525000026.992231
SAIZEN REAL ESTATE INV TRUSTShort5-May-090.125287800034.712933
SCORPIO EAST HOLDINGS LTD.Short5-May-090.14517800033.283850

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