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 27, 2008

Scan 27 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA ENERGY LIMITEDLong27-Nov-080.141824200020.582725
CHINA HONGCHENG HOLDINGS LTDLong27-Nov-080.03511000041.092726
ENVIRO-HUB HOLDINGS LTDLong27-Nov-080.105226100020.692620
FUJIAN ZHENYUN PLAS IND CO LTDLong27-Nov-080.2312800055.744743
GOLDEN AGRI-RESOURCES LTDLong27-Nov-080.211368000021.842422
HTL INT'L HOLDINGS LIMITEDLong27-Nov-080.0817700032.363029
JES INTERNATIONAL HOLDINGS LTDLong27-Nov-080.11438500020.12625
MATEX INTERNATIONAL LIMITEDLong27-Nov-080.07511100020.837029
SINWA LIMITEDLong27-Nov-080.1130900020.462827
SKY CHINA PETROLEUM SVCS LTD.Long27-Nov-080.0952300021.683632
YANGZIJIANG SHIPBLDG HLDGS LTDLong27-Nov-080.432258700021.442826
NEL GROUP LTD.Short27-Nov-080.0410300043.383151
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