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, August 12, 2009

Scan 12 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ABR HOLDINGS LIMITEDLong8/12/20090.24513000037.775336
ACTION ASIA LIMITEDLong8/12/20090.115155500033.024941
TAI SIN ELECTRIC LIMITEDLong8/12/20090.2217500032.232523
BOUSTEAD SINGAPORE LIMITEDShort8/12/20090.72551600023.392226
CHINA HONGXING SPORTS LIMITEDShort8/12/20090.18510141700030.321921
COURAGE MARINE GROUP LIMITEDShort8/12/20090.205126200027.962426
FIRST REAL ESTATE INV TRUSTShort8/12/20090.6744000023.823035
FORTUNE REAL ESTATE INV TRUSTShort8/12/20093.942000037.422328
HONGGUO INTL HOLDINGS LIMITEDShort8/12/20090.26575000031.52325
HWA HONG CORPORATION LIMITEDShort8/12/20090.4122000026.382728
JEL CORPORATION (HOLDINGS) LTDShort8/12/20090.0339900031.652234
LORENZO INTERNATIONAL LIMITEDShort8/12/20090.0833300021.514352
SINO TECHFIBRE LIMITEDShort8/12/20090.125471700022.942430
STAMFORD LAND CORPORATION LTDShort8/12/20090.35515400034.22830
VAN DER HORST ENERGY LIMITEDShort8/12/20090.225113400036.012829

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