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

Tuesday, December 23, 2008

Scan 23 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADDVALUE TECHNOLOGIES LTDLong23-Dec-080.0523400021.892521
CHUNGHONG HOLDINGS LIMITEDLong23-Dec-080.11540000020.096037
MIRACH ENERGY LIMITEDLong23-Dec-080.03511900023.964322
SERIAL SYSTEM LTDLong23-Dec-080.04519400025.233836
TOTAL ACCESS COMM PUB CO LTDLong23-Dec-080.8239960025.263025
Z-OBEE HOLDINGS LIMITEDLong23-Dec-080.02534400034.013733
AEM HOLDINGS LTDShort23-Dec-080.01530000028.063644
FRASERS CENTREPOINT TRUSTShort23-Dec-080.615115600024.132531
OCBC BK BNP ECW110307Short23-Dec-080.14518600022.874750
REYPHON AGRICEUTICAL LIMITEDShort23-Dec-080.0420200032.033141
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