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, January 23, 2009

Scan 23 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA KUNDA TECH HOLDINGS LTDLong23-Jan-090.2487300025.074321
MIDDLE EAST DEVT SPORE LTD.Long23-Jan-090.0835000036.733930
OAKWELL ENGINEERING LIMITEDLong23-Jan-090.03530000037.745246
UNITED FOOD HOLDINGS LIMITEDLong23-Jan-090.04514700028.493734
WHEELOCK PROPERTIES (S) LTDLong23-Jan-090.98513700024.973029
ADVANCE SCT LIMITEDShort23-Jan-090.06149300020.093040
CACOLA FURNITURE INTL LIMITEDShort23-Jan-090.065131300026.252535
CHINA NEW TOWN DEVT CO LIMITEDShort23-Jan-090.045185100021.441722
CHINA OILFIELD TEC SVCS GRPLTDShort23-Jan-090.0833000022.063335
DESIGN STUDIO FURNITURE MFRLTDShort23-Jan-090.1816400021.424649
K-REIT ASIAShort23-Jan-090.615116600025.12338
LIAN BENG GROUP LTDShort23-Jan-090.12131000026.952021
OLAM INTERNATIONAL LIMITEDShort23-Jan-091.16490000022.642631
PACIFIC ANDES (HOLDINGS) LTDShort23-Jan-090.1842100021.152224
VGO CORPORATION LIMITEDShort23-Jan-090.01550000035.52957
YONGNAM HOLDINGS LIMITEDShort23-Jan-090.085592100034.062426

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