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

Friday, November 28, 2008

Scan 28 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALLIED TECHNOLOGIES LIMITEDLong28-Nov-080.0314100050.485831
BBR HOLDINGS (S) LTDLong28-Nov-080.045880500021.043326
CWT LIMITEDLong28-Nov-080.3524400027.873431
INNO-PACIFIC HOLDINGS LTDLong28-Nov-080.0213000057.364946
JARDINE CYCLE & CARRIAGE LTDLong28-Nov-0810.46472000222423
R H ENERGY LTD.Long28-Nov-080.1272000051.223826
ACTION ASIA LIMITEDShort28-Nov-080.0513900035.523644
ADDVALUE TECHNOLOGIES LTDShort28-Nov-080.055776900028.251433
AUSSINO GROUP LTDShort28-Nov-080.1619000031.543063
LOTTVISION LIMITEDShort28-Nov-080.03513700021.572328

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