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, January 21, 2009

Scan 21 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PACIFIC SHIPPING TRUSTLong21-Jan-090.1663600024.124731
VIBROPOWER CORPORATION LIMITEDLong21-Jan-090.03518000024.544837
ADVANCED HOLDINGS LTD.Short21-Jan-090.119000021.884143
ASIA ENVIRONMENT HOLDINGS LTDShort21-Jan-090.1156000023.163237
BAKER TECHNOLOGY LIMITEDShort21-Jan-090.10558400022.682123
BBR HOLDINGS (S) LTDShort21-Jan-090.035164800023.663643
CHINA ERATAT SPORTS FASHIONLTDShort21-Jan-090.085162100039.173637
CHINA PAPER HOLDINGS LIMITEDShort21-Jan-090.15530000023.063536
DAIRY FARM INT'L HOLDINGS LTDShort21-Jan-094.252200030.033438
HONG LEONG FINANCE LIMITEDShort21-Jan-09219700021.092530
INNOVALUES LIMITEDShort21-Jan-090.0722600027.793843
JIUTIAN CHEMICAL GROUP LIMITEDShort21-Jan-090.04560000021.742129
KINGBOARD COPPER FOIL HDGS LTDShort21-Jan-090.1628700036.632936
MIDDLE EAST DEVT SPORE LTD.Short21-Jan-090.0767000041.183238
SUNSHINE HOLDINGS LIMITEDShort21-Jan-090.02515000050.623040
VAN DER HORST ENERGY LIMITEDShort21-Jan-090.135170000213951
VICPLAS INTERNATIONAL LTDShort21-Jan-090.055100000050.553449

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