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 5, 2008

Scan 5 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
8TELECOM INTL HOLDINGS CO LTDLong5-Dec-080.03530000040.444239
ABR HOLDINGS LIMITEDLong5-Dec-080.18546500040.985133
BANYAN TREE HOLDINGS LIMITEDLong5-Dec-080.39144200021.13129
CHINA ANGEL FOOD LIMITEDLong5-Dec-080.06535000020.754637
FIRST SHIP LEASE TRUSTLong5-Dec-080.505442000293227
LIANG HUAT ALUMINIUM LTDLong5-Dec-080.01516300032.663330
MEGHMANI ORGANICS LIMITEDLong5-Dec-080.1457000022.935133
SSH CORPORATION LTD.Long5-Dec-080.12385100026.713626
STRAITS ASIA RESOURCES LIMITEDLong5-Dec-080.843861900024.012827
THAI VILLAGE HOLDINGS LTDLong5-Dec-080.065118600053.243327
AMPLEFIELD LIMITEDShort5-Dec-080.0215000036.544751
RAFFLES MEDICAL GROUP LTDShort5-Dec-080.6115600021.333033

No comments: