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

Monday, August 11, 2008

Scan 11 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AVI-TECH ELECTRONICS LIMITEDLong11-Aug-080.18516900028.75537
FIRST REAL ESTATE INV TRUSTLong11-Aug-080.7111300024.663023
SAPPHIRE CORPORATION LIMITEDLong11-Aug-080.01220000026.993729
CAPITARETAIL CHINA TRUSTShort11-Aug-081.14123100024.122526
FERROCHINA LIMITEDShort11-Aug-081.261515300020.312124
FINANCIAL ONE CORP.Short11-Aug-080.3719300030.342526
JURONG TECH IND CORP LTDShort11-Aug-080.27528100025.522527
NEW LAKESIDE HOLDINGS LIMITEDShort11-Aug-080.06510500025.412755
UNITED ENVIROTECH LTDShort11-Aug-080.23511100020.782835
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