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, December 1, 2008

Scan 1 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SUN EAST GROUP LIMITEDLong1-Dec-080.02557600029.663832
UNITED OVERSEAS BANK LTDLong1-Dec-0812.7296400028.572322
JARDINE CYCLE & CARRIAGE LTDShort1-Dec-089.8925200020.462223
JUKEN TECHNOLOGY LIMITEDShort1-Dec-080.0439800035.631782
LINAIR TECHNOLOGIES LIMITEDShort1-Dec-080.0612000022.073243
THAKRAL CORPORATION LTDShort1-Dec-080.03540000023.211827
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