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

Friday, August 21, 2009

Scan 21 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ARMSTRONG INDUSTRIAL CORP LTDLong8/21/20090.235832700031.262821
ASCENDAS INDIA TRUSTLong8/21/20090.7752454800026.853028
AZTECH GROUP LTD.Long8/21/20090.24173000031.113222
CHEUNG WOH TECHNOLOGIES LTDLong8/21/20090.18514500026.465938
CHINA SPORTS INTL LIMITEDLong8/21/20090.17813600024.162119
FIRSTLINK INV CORP LTDLong8/21/20090.05733500020.524036
LION ASIAPAC LTDLong8/21/20090.2114500024.393231
LORENZO INTERNATIONAL LIMITEDLong8/21/20090.105459500020.497124
STARHUB LTDLong8/21/20092.28940600023.652920
EAGLE BRAND HOLDINGS LTDShort8/21/20090.0411000029.133244
ELITE KSB HOLDINGS LIMITEDShort8/21/20090.1711000029.174151
FIRST RESOURCES LIMITEDShort8/21/20090.922188300024.712629
LEE METAL GROUP LTDShort8/21/20090.15589600025.442530
LYXOR ASIA 10Short8/21/20093.5314266021.722021
MAP TECHNOLOGY HLDGS LIMITEDShort8/21/20090.097981300044.892549
RIVERSTONE HOLDINGS LIMITEDShort8/21/20090.41511700020.222021

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