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

Thursday, September 25, 2008

Scan 25 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COURAGE MARINE GROUP LIMITEDLong25-Sep-080.2422400031.823025
FEDERAL INT(2000) LTDLong25-Sep-080.33526200029.012827
JIUTIAN CHEMICAL GROUP LIMITEDLong25-Sep-080.0951819300033.22927
LINAIR TECHNOLOGIES LIMITEDLong25-Sep-080.1426700054.514634
YAAN SECURITY TECHNOLOGY LTDLong25-Sep-080.18519000036.865841
MANDARIN ORIENTAL INTL LTDShort25-Sep-081.641700025.152326
NEPTUNE ORIENT LINES LIMITEDShort25-Sep-082.02497800029.092630
SINGXPRESS LTD.Short25-Sep-080.02560800024.494552
TECKWAH INDUSTRIAL CORP LTDShort25-Sep-080.221300040.413855
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