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, July 30, 2008

Scan 30 July 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALBEDO LIMITEDLong30-Jul-080.12519000022.833126
CHINA PAPER HOLDINGS LIMITEDLong30-Jul-080.1821000037.072927
COMPACT METAL INDUSTRIES LTDLong30-Jul-080.0230000043.845634
EASTGATE TECHNOLOGY LTDLong30-Jul-080.0315000022.043526
FIBRECHEM TECHNOLOGIES LIMITEDLong30-Jul-080.62132700021.862926
HOR KEW CORPORATION LIMITEDLong30-Jul-080.116500020.544332
KINGBOARD COPPER FOIL HDGS LTDLong30-Jul-080.24532600032.393129
MAGNUS ENERGY GROUP LTD.Long30-Jul-080.06181300021.132522
RAFFLES EDUCATION CORP LIMITEDLong30-Jul-081.15222600023.662922
SIHUAN PHARMA HLDGS GROUP LTD.Long30-Jul-080.81522300037.342322
SINOSTAR PEC HOLDINGS LIMITEDLong30-Jul-080.205210000029.493129
SUNTEC REAL ESTATE INV TRUSTLong30-Jul-081.53744500024.042321
SUPER COFFEEMIX MANUFACTURINGLong30-Jul-080.7315600023.614027
UNI-ASIA FINANCE CORPORATIONLong30-Jul-080.5323400024.83026
BRIGHT WORLD PRECISION MAC LTDShort30-Jul-080.445418200043.274148
CAPITARETAIL CHINA TRUSTShort30-Jul-081.14243400041.972527
CHINA GREAT LAND HOLDINGS LTD.Short30-Jul-080.0620000032.081977
PLASTOFORM HOLDINGS LIMITEDShort30-Jul-080.03518300026.764153

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