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, March 19, 2008

Scan 19 Mar 08

ADX Scan based on closing price on 19 Mar 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
8TELECOM INTL HOLDINGS CO LTDLong19-Mar-080.0818100031.474038
ADAMPAK LIMITEDLong19-Mar-080.2136800027.42819
ARIANECORP LIMITEDLong19-Mar-080.03552200020.092820
ASIA ENVIRONMENT HOLDINGS LTDLong19-Mar-080.57740400030.883226
COUGAR LOGISTICS CORPN LTDLong19-Mar-080.3822800033.183727
FIRST SHIP LEASE TRUSTLong19-Mar-081.0848400030.642625
GLOBAL VOICE GROUP LIMITEDLong19-Mar-080.072058900024.643230
HONG FOK CORPORATION LTDLong19-Mar-080.924900028.332423
REYOUNG PHARM HOLDINGS LIMITEDLong19-Mar-080.1843500023.843531
SUNWAY INTL HLDGS LTDLong19-Mar-080.0664500020.394839
SWIBER HOLDINGS LIMITEDLong19-Mar-082.12332700028.173130
DEVOTION ENERGY GROUP LIMITEDShort19-Mar-080.28511100033.142962
GOLDTRON LIMITEDShort19-Mar-080.0135300032.062131
INNO-PACIFIC HOLDINGS LTDShort19-Mar-080.0224300025.13637
SUNNINGDALE TECH LTDShort19-Mar-080.1951300021.262425

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