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, August 19, 2009

Scan 19 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASCOTT RESIDENCE TRUSTLong8/19/20090.82545400029.112927
CAPITARETAIL CHINA TRUSTLong8/19/20091.24192600033.372524
CHINA TAISAN TECH GRP HLDGSLTDLong8/19/20090.115325800020.333130
EASTGATE TECHNOLOGY LTDLong8/19/20090.0155442000252420
L.C.DEVELOPMENT LTDLong8/19/20090.205184900022.282421
SWIBER HOLDINGS LIMITEDLong8/19/20090.9151421300021.332119
CHINA ANGEL FOOD LIMITEDShort8/19/20090.095153000021.413544
EPURE INTERNATIONAL LTD.Short8/19/20090.545604300042.141920
JARDINE MATHESON HLDGS LTDShort8/19/200927.6222440030.832931
JARDINE STRATEGIC HLDGS LTDShort8/19/200915.2637800045.123343
POPULAR HOLDINGS LIMITEDShort8/19/20090.16531500020.492730

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