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

Wednesday, November 19, 2008

Scan 19 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA ZAINO INTERNATIONAL LTDLong11/19/20080.2488000025.143634
THAI BEVERAGE PUBLIC CO LTDLong11/19/20080.2152425000021.562621
ANWELL TECHNOLOGIES LIMITEDShort11/19/20080.0251222500023.352627
ASCOTT RESIDENCE TRUSTShort11/19/20080.50560300029.312427
JES INTERNATIONAL HOLDINGS LTDShort11/19/20080.105100300025.162629
SAMUDERA SHIPPING LINE LTDShort11/19/20080.1534600028.093239
SINO-ENVIRONMENT TECH GRP LTDShort11/19/20080.6242600021.72527
SKY CHINA PETROLEUM SVCS LTD.Short11/19/20080.0818300031.562830
TMC EDUCATION CORPORATION LTDShort11/19/20080.0730000025.862560
TUAN SING HOLDINGS LIMITEDShort11/19/20080.095801700029.351622
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