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 4, 2008

Scan 4 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCED SYSTEMS AUTOMATIONLong4-Aug-080.0353000050.326429
GATES ELECTRONICS LIMITEDLong4-Aug-080.330000048.585634
CIRCUITS PLUS HOLDINGS LTDShort4-Aug-080.0312400035.683954
FIRST REAL ESTATE INV TRUSTShort4-Aug-080.736100032.462731
FM HOLDINGS LIMITEDShort4-Aug-080.30531400026.632533
RAFFLES EDUCATION CORP LIMITEDShort4-Aug-081.07106700020.842123
SINOTEL TECHNOLOGIES LTD.Short4-Aug-080.1951354600021.442629
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