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

Monday, October 6, 2008

Scan 6 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADAMPAK LIMITEDLong6-Oct-080.22521600036.944528
LINAIR TECHNOLOGIES LIMITEDLong6-Oct-080.1510600041.464633
PARKWAYLIFE REITLong6-Oct-080.9879200026.082623
ASIATIC GROUP (HOLDINGS) LTDShort6-Oct-080.1215300035.642324
INTERNATIONAL PRESS SOFTCOMShort6-Oct-080.0912400039.613847
JIUTIAN CHEMICAL GROUP LIMITEDShort6-Oct-080.0851927000024.072532
LUM CHANG HOLDINGS LIMITEDShort6-Oct-080.1838700025.732730
SPINDEX INDUSTRIES LIMITEDShort6-Oct-080.1912300028.062865
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