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, March 20, 2009

Scan 20 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA AUTO ELECTRONICS GRP LTDLong20-Mar-090.045584900043.034927
CHINA SKY CHEM FIBRE CO. LTD.Long20-Mar-090.17339600026.333023
LIPPO-MAPLETREEINDORETAILTRUSTLong20-Mar-090.18124500032.322926
SARIN TECHNOLOGIES LTDLong20-Mar-090.10529000021.225137
SINOSTAR PEC HOLDINGS LIMITEDLong20-Mar-090.08536200039.145829
SM SUMMIT HOLDINGS LTDLong20-Mar-090.085190100027.73130
STATS CHIPPAC LTDLong20-Mar-090.30532100037.94225
UNIFIED COMMUNICATIONS HLDGLTDLong20-Mar-090.03574500064.53972
ADROIT INNOVATIONS LIMITEDShort20-Mar-090.01511200031.112341
CDL HOSPITALITY TRUSTSShort20-Mar-090.45506000033.532132
CHINA ANIMAL HEALTHCARE LTD.Short20-Mar-090.0765200023.173945
ENVIRO-HUB HOLDINGS LTDShort20-Mar-090.085156200021.532737
FIRST SHIP LEASE TRUSTShort20-Mar-090.38589300033.752531
GALLANT VENTURE LTD.Short20-Mar-090.075190000028.082429
INNO-PACIFIC HOLDINGS LTDShort20-Mar-090.01530000021.714153
JADASON ENTERPRISES LTDShort20-Mar-090.03535000025.663754
TAT HONG HOLDINGS LTDShort20-Mar-090.59523500021.972930

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