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, September 29, 2008

Scan 29 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BH GLOBAL MARINE LIMITEDLong29-Sep-080.185417000223635
CHINA MILK PRODUCTS GROUP LTDLong29-Sep-080.555494100033.683426
PNE MICRON HOLDINGS LTDLong29-Sep-080.0575000033.347129
SAPPHIRE CORPORATION LIMITEDLong29-Sep-080.0151574100030.293625
CELESTIAL NUTRIFOODS LIMITEDShort29-Sep-080.58298200021.452629
COURAGE MARINE GROUP LIMITEDShort29-Sep-080.22563700027.992527
HENGXIN TECHNOLOGY LTD.Short29-Sep-080.219000022.434249
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