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, October 30, 2008

Scan 30 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
C K TANG LTDLong30-Oct-080.6551300022.335042
CHINA PAPER HOLDINGS LIMITEDLong30-Oct-080.115000020.242322
HIAP MOH CORPORATION LTDLong30-Oct-080.3963400055.457723
VASHION GROUP LTD.Long30-Oct-080.0279000028.343835
SIM SIANG CHOON LIMITEDShort30-Oct-080.2232400023.462325
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