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

Wednesday, May 6, 2009

Scan 6 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CH OFFSHORE LTDLong6-May-090.33564700026.334329
EUCON HOLDING LIMITEDLong6-May-090.0343000026.076139
FABCHEM CHINA LIMITEDLong6-May-090.1338000027.827029
FIRST SHIP LEASE TRUSTLong6-May-090.43120800021.633220
GMG GLOBAL LTDLong6-May-090.135577100027.153728
IDT HOLDINGS (SINGAPORE) LTDLong6-May-090.35514000025.517522
KING WAN CORPORATION LIMITEDLong6-May-090.113000031.35629
LORENZO INTERNATIONAL LIMITEDLong6-May-090.0880900027.874039
OUHUA ENERGY HOLDINGS LIMITEDLong6-May-090.09527200035.264029
PLATO CAPITAL LIMITEDLong6-May-090.0418300028.366627
R H ENERGY LTD.Long6-May-090.13108700039.133837
SWING MEDIA TECHNOLOGY GRP LTDLong6-May-090.055154900021.173828
SYNEAR FOOD HOLDINGS LIMITEDLong6-May-090.2554651600023.123121
TAI SIN ELECTRIC LIMITEDLong6-May-090.19523000024.392724
AZEUS SYSTEMS HOLDINGS LTD.Short6-May-090.06536500049.473448
CHANGTIAN PLASTIC & CHEM LTDShort6-May-090.13497700020.52930
MAP TECHNOLOGY HLDGS LIMITEDShort6-May-090.20540200038.463134
SM SUMMIT HOLDINGS LTDShort6-May-090.1585200031.52535

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