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, August 25, 2009

Scan 25 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA HONGCHENG HOLDINGS LTDLong8/25/20090.0965600028.945433
GUOCOLEISURE LIMITEDLong8/25/20090.425579500026.022920
HONGKONG LAND HOLDINGS LIMITEDLong8/25/20093.94181400020.842419
HOSEN GROUP LTDLong8/25/20090.0720000032.014342
HSU FU CHI INTERNATIONAL LTDLong8/25/20091.4666500027.844025
LEE METAL GROUP LTDLong8/25/20090.165166500022.692826
METAL COMPONENT ENGG LTDLong8/25/20090.05512500028.316139
NOVO GROUP LTD.Long8/25/20090.131806000040.874130
R H ENERGY LTD.Long8/25/20090.1320000022.233931
RAMBA ENERGY LIMITEDLong8/25/20090.29676500021.1907
SIHUAN PHARMA HLDGS GROUP LTD.Long8/25/20090.955734700036.666816
ULTRO TECHNOLOGIES LIMITEDLong8/25/20090.08155000022.373829
CAPITARETAIL CHINA TRUSTShort8/25/20091.24364200024.792324
CITYSPRING INFRASTRUCT TRUSTShort8/25/20090.63260400047.062050
COMFORTDELGRO CORPORATION LTDShort8/25/20091.56391000025.071820
JARDINE MATHESON HLDGS LTDShort8/25/200927.7824080024.142733
LYXOR ASIA 10Short8/25/20093.6613259020.151925
PROGEN HOLDINGS LTDShort8/25/20090.08525000025.353941
ROXY-PACIFIC HOLDINGS LIMITEDShort8/25/20090.2810100028.282426
STRAITS ASIA MBLECW091002Short8/25/20090.49594000020.463235
STRATECH SYSTEMS LIMITEDShort8/25/20090.03519800020.762245

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