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 4, 2008

Scan 4 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ENG KONG HOLDINGS LIMITEDLong4-Sep-080.1715700021.495446
SINGAPORE POST LIMITEDLong4-Sep-081.01598500027.21714
SKY ONE HOLDINGS LIMITEDLong4-Sep-080.0918400055.815634
BIOSENSORS INT'L GROUP LTD.Short4-Sep-080.53452000022.142730
CHINA ESSENCE GROUP LTD.Short4-Sep-080.49526400023.443337
E3 HOLDINGS LTD.Short4-Sep-080.025718700023.821928
EXCELPOINT TECHNOLOGY LTDShort4-Sep-080.0615000026.442750
JARDINE CYCLE & CARRIAGE LTDShort4-Sep-0817.1628300020.882426
LONGCHEER HOLDINGS LIMITEDShort4-Sep-080.3554700031.112936
SUNWAY INTL HLDGS LTDShort4-Sep-080.04566900020.633239
TIONG WOON CORP HOLDING LTDShort4-Sep-080.36527000033.212637

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