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

Friday, September 12, 2008

Scan 12 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA BEARING (SINGAPORE) LTD.Long12-Sep-080.07184000233130
FREIGHT LINKS EXPRESS HOLDINGSLong12-Sep-080.05556600033.161614
LERENO BIO-CHEM LTD.Long12-Sep-080.02553000020.74131
SINGXPRESS LTD.Long12-Sep-080.02593100038.575638
CENTILLION ENV & RECYC LIMITEDShort12-Sep-080.01527000029.082330
SINGAPORE POST LIMITEDShort12-Sep-081.01383500020.511215
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