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

Friday, October 3, 2008

Scan 3 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FORTUNE REAL ESTATE INV TRUSTLong3-Oct-083.0337200050.042826
JASPER INVESTMENTS LIMITEDLong3-Oct-080.28627600051.193327
TOTAL ACCESS COMM PUB CO LTDLong3-Oct-081.1518020027.973525
WEE HUR HOLDINGS LTD.Long3-Oct-080.28579700028.943029
CMZ HOLDINGS LTD.Short3-Oct-080.13570000024.583164
HLH GROUP LIMITEDShort3-Oct-080.02187000036.262633
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