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

Thursday, August 13, 2009

Scan 13 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COURAGE MARINE GROUP LIMITEDLong8/13/20090.235309400028.434120
FORTUNE REAL ESTATE INV TRUSTLong8/13/20093.961168000352825
HONGGUO INTL HOLDINGS LIMITEDLong8/13/20090.2865500029.382523
PHARMESIS INTERNATIONAL LTD.Long8/13/20090.06523800028.855129
SINO CONSTRUCTION LIMITEDLong8/13/20090.13550000022.866625
STAMFORD LAND CORPORATION LTDLong8/13/20090.36513600031.722928
ULTRO TECHNOLOGIES LIMITEDLong8/13/20090.0857900027.293025
VIBROPOWER CORPORATION LIMITEDLong8/13/20090.05586400022.895338
ADROIT INNOVATIONS LIMITEDShort8/13/20090.03304400030.582029
ASCENDAS INDIA TRUSTShort8/13/20090.745735400037.572631
DAIRY FARM INT'L HOLDINGS LTDShort8/13/2009613140040.612054
KSH HOLDINGS LIMITEDShort8/13/20090.295206100038.92930
MACQUARIE INT'L INFRA FUND LTDShort8/13/20090.371759200035.682430
SUNMOON FOOD COMPANY LIMITEDShort8/13/20090.01223900082.292035

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