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, March 19, 2009

Scan 19 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASCOTT RESIDENCE TRUSTLong19-Mar-090.39565900033.323229
ASL MARINE HOLDINGS LTDLong19-Mar-090.3947800027.153226
CAPITACOMMERCIAL TRUSTLong19-Mar-090.75621000027.793126
CDL HOSPITALITY TRUSTSLong19-Mar-090.48134600034.572423
DBS GROUP HOLDINGS LTDLong19-Mar-097.711845900026.82725
FRASER AND NEAVE LIMITEDLong19-Mar-092.3288000036.353026
JARDINE MATHESON HLDGS LTDLong19-Mar-0917.610920021.283528
JIUTIAN CHEMICAL GROUP LIMITEDLong19-Mar-090.041054800032.642419
MEDTECS INTERNATIONAL CORP LTDLong19-Mar-090.0320000033.765234
POPULAR HOLDINGS LIMITEDLong19-Mar-090.09550900024.864131
TELEDATA (SINGAPORE) LTDLong19-Mar-090.0129100063.275248
TIONG WOON CORP HOLDING LTDLong19-Mar-090.1636600025.322519
8TELECOM INTL HOLDINGS CO LTDShort19-Mar-090.03530000032.55791
HONG FOK CORPORATION LTDShort19-Mar-090.185101000027.832832

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