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, April 21, 2009

Scan 21 Apr 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
TRANSCU GROUP LIMITEDLong21-Apr-090.251562900028.972625
ASCENDAS REAL ESTATE INV TRUSTShort21-Apr-091.38520400021.62324
CHINA AUTO CORPORATION LTD.Short21-Apr-090.025156100035.093343
EASTGATE TECHNOLOGY LTDShort21-Apr-090.01547200021.073745
FRIVEN & CO. LTD.Short21-Apr-090.03110000037.853441
HONGKONG LAND HOLDINGS LIMITEDShort21-Apr-092.37542100023.852223
JARDINE STRATEGIC HLDGS LTDShort21-Apr-0910.543550029.412831
KEDA COMMUNICATIONS LTD.Short21-Apr-090.0653800028.182368
SINO-ENVIRONMENT TECH GRP LTDShort21-Apr-090.155726400023.082837
THAKRAL CORPORATION LTDShort21-Apr-090.04511200029.082829
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