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

Tuesday, August 5, 2008

Scan 5 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DELONG HOLDINGS LIMITEDLong5-Aug-082.9938700020.392928
ALANTAC TECHNOLOGY LTD.Short5-Aug-080.0929300020.211831
CAPITARETAIL CHINA TRUSTShort5-Aug-081.1663300031.882227
CHINA AUTO CORPORATION LTD.Short5-Aug-080.06128000025.61518
COMPACT METAL INDUSTRIES LTDShort5-Aug-080.01514300038.563559
DARCO WATER TECHNOLOGIES LTDShort5-Aug-080.13520000028.153337
DAYEN ENVIRONMENTAL LIMITEDShort5-Aug-080.17145900032.282931
FIBRECHEM TECHNOLOGIES LIMITEDShort5-Aug-080.615211800020.972426
FOOD EMPIRE HOLDINGS LIMITEDShort5-Aug-080.5834800026.713338
K-REIT ASIAShort5-Aug-081.3924200025.762228
LIAN BENG GROUP LTDShort5-Aug-080.225308100020.882526
PCA TECHNOLOGY LIMITEDShort5-Aug-080.110500031.482772
SIHUAN PHARMA HLDGS GROUP LTD.Short5-Aug-080.77570700031.261933
VASHION GROUP LTD.Short5-Aug-080.03563800033.212123
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