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, August 13, 2008

Scan 13 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOBAL ARIEL LIMITEDLong13-Aug-080.0322100023.523424
HOSEN GROUP LTDLong13-Aug-080.13102500023.074037
PEOPLE'S FOOD HOLDINGS LIMITEDLong13-Aug-080.89558000030.713626
ASCENDAS INDIA TRUSTShort13-Aug-080.79586600030.42126
CACOLA FURNITURE INTL LIMITEDShort13-Aug-080.2889500026.172124
CHEMOIL ENERGY LIMITEDShort13-Aug-080.3317300020.173244
HONG LEONG FINANCE LIMITEDShort13-Aug-083.3913900033.252326
JETS TECHNICS INTL HLDGS LTDShort13-Aug-080.01515600042.672267
KS ENERGY SERVICES LIMITEDShort13-Aug-081.9224300027.332729
MOBILEONE LTDShort13-Aug-081.9420100029.652733
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