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, September 30, 2008

Scan 30 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA ENERSAVE LTDLong30-Sep-080.025463300026.132721
SPINDEX INDUSTRIES LIMITEDLong30-Sep-080.2513500028.645236
CENTRALAND LIMITEDShort30-Sep-080.4840000020.19495
CHINA MILK PRODUCTS GROUP LTDShort30-Sep-080.59284300031.322830
FEDERAL INT(2000) LTDShort30-Sep-080.3331600025.342439
JURONG TECH IND CORP LTDShort30-Sep-080.2152500029.293132
KIM ENG HOLDINGS LIMITEDShort30-Sep-081.2122600022.182731
STATS CHIPPAC LTDShort30-Sep-080.88542200034.421945
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