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

Friday, December 26, 2008

Scan 26 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA DAIRY GROUP LTDLong26-Dec-080.0753300022.794542
FUXING CHINA GROUP LIMITEDLong26-Dec-080.06578200046.113630
LERENO BIO-CHEM LTD.Long26-Dec-080.01548000021.585234
MULTI-CHEM LIMITEDLong26-Dec-080.095264600035.685028
LOTTVISION LIMITEDShort26-Dec-080.0446500020.482529
SOUP RESTAURANT GROUP LIMITEDShort26-Dec-080.0917400052.852055
UNIFIED COMMUNICATIONS HLDGLTDShort26-Dec-080.02517000037.234355
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