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

Thursday, June 18, 2009

Scan 18 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA FOOD & PROPERTIES LTDLong18-Jun-090.2714500024.283022
DARCO WATER TECHNOLOGIES LTDLong18-Jun-090.06579800021.963329
ALLGREEN PROPERTIES LTDShort18-Jun-090.92961000034.132426
COURAGE MARINE GROUP LIMITEDShort18-Jun-090.230000037.242627
INDOFOOD AGRI RESOURCES LTD.Short18-Jun-091.211239500026.562226
INTERRA RESOURCES LIMITEDShort18-Jun-090.1716200027.792930
KEPPEL TELE & TRANShort18-Jun-091.4619500028.52930
KS ENERGY SERVICES LIMITEDShort18-Jun-091.1950700025.632527
LIAN BENG GROUP LTDShort18-Jun-090.225270200026.052122
LYXOR INDIA NIFTY ETF 10Short18-Jun-0912.91423940272535
MARCO POLO MARINE LTD.Short18-Jun-090.33227200036.343031
MEDIARING LTDShort18-Jun-090.10556400033.42223
MEMSTAR TECHNOLOGY LTD.Short18-Jun-090.035130000023.252930
PACIFIC HEALTHCARE HLDGS LTDShort18-Jun-090.160300033.913032
PT BERLIAN LAJU TANKER TBKShort18-Jun-090.1297500025.632731
SAMUDERA SHIPPING LINE LTDShort18-Jun-090.2619800026.962324
SWIBER HOLDINGS LIMITEDShort18-Jun-090.8719062000212527
UNITED OVERSEAS BANK LTDShort18-Jun-0914.1280100030.862527

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