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

Wednesday, December 17, 2008

Scan 17 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASL MARINE HOLDINGS LTDLong17-Dec-080.44592700024.412928
HONG LEONG FINANCE LIMITEDLong17-Dec-082.0214700024.072827
JARDINE MATHESON HLDGS LTDLong17-Dec-0818.144480034.463329
JARDINE STRATEGIC HLDGS LTDLong17-Dec-089.718400020.333527
KEPPEL LAND LIMITEDLong17-Dec-081.48219300021.182725
K-REIT ASIALong17-Dec-080.66553900030.512820
LUZHOU BIO-CHEM TECHNOLOGY LTDLong17-Dec-080.085115000213632
SINGAPORE PETROLEUM CO LTDLong17-Dec-082.16166700023.42726
SMB UNITED LIMITEDLong17-Dec-080.1214000029.663229
SUNTEC REAL ESTATE INV TRUSTLong17-Dec-080.711032100032.932318
ASIA FOOD & PROPERTIES LTDShort17-Dec-080.1710200023.014549
CMZ HOLDINGS LTD.Short17-Dec-080.1410600023.113035
CRAFT PRINT INTERNATIONAL LTDShort17-Dec-080.05535100064.321548
FUNG CHOI MEDIA GROUP LIMITEDShort17-Dec-080.06130000025.422123
ICONIC HOLDINGS LIMITEDShort17-Dec-080.12582900027.382174
MAPLETREE LOGISTICS TRUSTShort17-Dec-080.34234700041.322428
ULTRO TECHNOLOGIES LIMITEDShort17-Dec-080.03219800023.14147

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