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 9, 2008

Scan 9 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
C & O PHARM TECH (HLDGS) LTDLong9-Sep-080.285137500020.254035
GIKEN SAKATA (S) LIMITEDLong9-Sep-080.0423100078.18946
RICKMERS MARITIMELong9-Sep-081.137800034.483126
RIVERSTONE HOLDINGS LIMITEDLong9-Sep-080.5451500022.022320
SP CHEMICALS LTDLong9-Sep-080.59520500028.934643
ADAMPAK LIMITEDShort9-Sep-080.21511800021.733347
CHINA ANGEL FOOD LIMITEDShort9-Sep-080.14547000023.73339
CHINA AUTO ELECTRONICS GRP LTDShort9-Sep-080.08570900024.552632
CREATIVE MASTER BERMUDA LTDShort9-Sep-080.105170100022.42833
KLW HOLDINGS LTDShort9-Sep-080.0570000027.081923
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