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, November 20, 2008

Scan 20 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACHIEVA LIMITEDLong20-Nov-080.0935200023.733330
MEMSTAR TECHNOLOGY LTD.Long20-Nov-080.03130600022.313936
SINGAPORE FOOD INDUSTRIES LTDLong20-Nov-080.83578700031.373425
SP AUSNETLong20-Nov-081.1223700022.893330
ADVANCED SYSTEMS AUTOMATIONShort20-Nov-080.0140000026.683746
AEI CORPORATION LTDShort20-Nov-080.0813600028.142937
BEAUTY CHINA HOLDINGS LIMITEDShort20-Nov-080.3766000031.582432
CHINA AUTO ELECTRONICS GRP LTDShort20-Nov-080.0427900023.842835
GUOCOLEISURE LIMITEDShort20-Nov-080.3123800023.982935
HWA HONG CORPORATION LIMITEDShort20-Nov-080.36511500028.942224
LONGCHEER HOLDINGS LIMITEDShort20-Nov-080.2644400021.272526
SAPPHIRE CORPORATION LIMITEDShort20-Nov-080.00512000021.973034
SWISSCO INTERNATIONAL LIMITEDShort20-Nov-080.3321900021.272736
UNITED FOOD HOLDINGS LIMITEDShort20-Nov-080.0535100025.662931
YANGZIJIANG SHIPBLDG HLDGS LTDShort20-Nov-080.42003400027.332729

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