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, February 27, 2008

Scan 27 Feb 08

ADX Scan based on closing price on 27 Feb 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALLGREEN PROPERTIES LTDLong27-Feb-081.26737500022.632120
ALLIED TECHNOLOGIES LIMITEDLong27-Feb-080.0716400037.365729
AMARA HOLDINGS LTDLong27-Feb-080.5933200028.222926
ASIA FOOD & PROPERTIES LTDLong27-Feb-080.76531700022.073936
CAPITARETAIL CHINA TRUSTLong27-Feb-081.6110300020.273025
CDL HOSPITALITY TRUSTSLong27-Feb-082.3376700025.912818
CFM HOLDINGS LIMITEDLong27-Feb-080.18511100027.444037
CHINA MERCHANTS HLDGS(PACIFIC)Long27-Feb-080.920100027.014028
ENVIRO-HUB HOLDINGS LTDLong27-Feb-080.435569400029.382321
FIRSTLINK INV CORP LTDLong27-Feb-080.07542600020.322420
FULL APEX (HOLDINGS) LIMITEDLong27-Feb-080.3226300024.813927
GUOCOLEISURE LIMITEDLong27-Feb-080.8522600035.073228
LEE KIM TAH HLDGS LIMITEDLong27-Feb-080.59515500033.954038
MEDIARING LTDLong27-Feb-080.145685200029.032824
MTQ CORPORATION LIMITEDLong27-Feb-080.5512200022.683928
RICHLAND GROUP LIMITEDLong27-Feb-080.2168200031.795634
SIA ENGINEERING CO LTDLong27-Feb-084.176000025.253826
CHINA AUTO CORPORATION LTD.Short27-Feb-080.08514500028.151823
FINANCIAL ONE CORP.Short27-Feb-080.6746900030.453039
INTER-ROLLER ENGINEERING LTDShort27-Feb-080.475556400020.941946
KS ENERGY SERVICES LIMITEDShort27-Feb-082.33139200031.82527
MIDSOUTH HOLDINGS LTDShort27-Feb-080.5723100032.293436
STAMFORD LAND CORPORATION LTDShort27-Feb-080.555100027.012433
THAKRAL CORPORATION LTDShort27-Feb-080.0782200038.042535

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