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, March 20, 2008

Scan 20 Mar 08

ADX Scan based on closing price on 20 Mar 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CDL HOSPITALITY TRUSTSLong20-Mar-081.99287700024.42524
CREATIVE TECHNOLOGY LTDShort20-Mar-086.2514580031.82137
KLW HOLDINGS LTDLong20-Mar-080.0894000027.034529
MDR LIMITEDShort20-Mar-080.0378000025.113340
SWIBER HOLDINGS LIMITEDShort20-Mar-082.08120200026.462933
TECHNICS OIL & GAS LIMITEDShort20-Mar-080.38530100040.841821
VGO CORPORATION LIMITEDShort20-Mar-080.035110400024.72352
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