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 24, 2008

Scan 24 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BAN JOO & COMPANY LIMITEDShort24-Dec-080.011323500024.311427
HOTUNG INVESTMENT HLDGS LTDShort24-Dec-080.07521500029.353237
KENCANA AGRI LIMITEDShort24-Dec-080.1244300026.272829
TOTAL ACCESS COMM PUB CO LTDShort24-Dec-080.75510520023.632729
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