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

Tuesday, March 24, 2009

Scan 24 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CAPITAMALL TRUSTLong24-Mar-091.283051000031.653625
CHINA MILK PRODUCTS GROUP LTDLong24-Mar-090.31174000026.893028
FRASERS COMMERCIAL TRUSTLong24-Mar-090.151174600049.52322
HAW PAR CORP LTDLong24-Mar-093.4517400028.412826
LMA INTERNATIONAL N.V.Long24-Mar-090.1323300051.425433
MAGNUS ENERGY GROUP LTD.Long24-Mar-090.03455400037.863631
MAN WAH HOLDINGS LIMITEDLong24-Mar-090.1594000026.496718
MANDARIN ORIENTAL INTL LTDLong24-Mar-090.78528200028.13328
PAN HONG PROPERTY GROUP LTDLong24-Mar-090.162656400042.54034
SUNVIC CHEMICAL HOLDINGS LTDLong24-Mar-090.13546500026.592420
UNITED FIBER SYSTEM LIMITEDLong24-Mar-090.0251466400027.42619
FUNG CHOI MEDIA GROUP LIMITEDShort24-Mar-090.0666700033.741824
HOSEN GROUP LTDShort24-Mar-090.06510600034.462155
KLW HOLDINGS LTDShort24-Mar-090.025252500059.531379
MIDAS HLDGS LIMITEDShort24-Mar-090.42796600022.032223
SINOPIPE HOLDINGS LIMITEDShort24-Mar-090.08138500022.872324

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