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

Thursday, January 8, 2009

Scan 8 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HOTUNG INVESTMENT HLDGS LTDLong8-Jan-090.08244000020.495222
DBS GROUP HOLDINGS LTDShort8-Jan-098.992070300025.83133
FUJIAN ZHENYUN PLAS IND CO LTDShort8-Jan-090.210800028.642633
NOVO GROUP LTD.Short8-Jan-090.13177500023.142324
OSIM INTERNATIONAL LTDShort8-Jan-090.0716700037.252329
RAFFLES MEDICAL GROUP LTDShort8-Jan-090.71517600028.143536
SUNNINGDALE TECH LTDShort8-Jan-090.0614600020.223243
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