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, December 11, 2008

Scan 11 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ABTERRA LTDLong11-Dec-080.021111800042.553329
ADDVALUE TECHNOLOGIES LTDLong11-Dec-080.061562600031.423126
ASL MARINE HOLDINGS LTDLong11-Dec-080.46367500032.43327
CAPITACOMMERCIAL TRUSTLong11-Dec-080.771265000033.042827
CSC HOLDINGS LTDLong11-Dec-080.095556500023.012620
HO BEE INVESTMENT LIMITEDLong11-Dec-080.36448400023.072925
JIUTIAN CHEMICAL GROUP LIMITEDLong11-Dec-080.051859600020.852725
KEPPEL LAND LIMITEDLong11-Dec-081.58572000028.23027
KSH HOLDINGS LIMITEDLong11-Dec-080.1523600020.35141
LAFE CORPORATION LIMITEDLong11-Dec-080.0415600020.554940
NOVO GROUP LTD.Long11-Dec-080.05527600027.624039
SEMBCORP MARINE LTDLong11-Dec-081.662617300025.392927
SINGAPORE PETROLEUM CO LTDLong11-Dec-082.18494600030.842928
STATS CHIPPAC LTDLong11-Dec-080.4787300039.883823
IPC CORPORATION LIMITEDShort11-Dec-080.05105600027.952239
LUXKING GROUP HOLDINGS LIMITEDShort11-Dec-080.0711500060.621446

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