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, August 6, 2009

Scan 6 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIAMEDIC LIMITEDLong8/6/20090.06197500021.954237
KEDA COMMUNICATIONS LTD.Long8/6/20090.0729000046.915643
METAL COMPONENT ENGG LTDLong8/6/20090.05524800037.215940
SINGAPORE AIRPORT TRML SVCSLTDLong8/6/20092.28304500035.623122
SINO TECHFIBRE LIMITEDLong8/6/20090.14339000027.42826
ABR HOLDINGS LIMITEDShort8/6/20090.2243300044.413451
FURAMA LTD.Short8/6/20091.1813400025.933842
UNITED FOOD HOLDINGS LIMITEDShort8/6/20090.075227700046.272834

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