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 26, 2008

Scan 26 Mar 08

ADX Scan based on closing price on 26 Mar 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHARTERED SEMICONDUCTOR MFGLTDLong26-Mar-080.73532600036.032823
CHINA SPORTS INTL LIMITEDLong26-Mar-080.865166700029.062928
ECOWISE HOLDINGS LIMITEDLong26-Mar-080.17517900023.552624
FEDERAL INT(2000) LTDLong26-Mar-080.41104100023.982928
GEMS TV HOLDINGS LIMITEDLong26-Mar-080.191589700028.642621
HERSING CORPORATION LTDLong26-Mar-080.43124200028.022825
JADASON ENTERPRISES LTDLong26-Mar-080.12337800039.674023
JARDINE CYCLE & CARRIAGE LTDLong26-Mar-0818.9635800026.073128
MANDARIN ORIENTAL INTL LTDLong26-Mar-081.8787900020.853427
MANHATTAN RESOURCES LIMITEDLong26-Mar-080.39512400028.614037
MEMORY DEVICES LIMITEDLong26-Mar-080.09742800043.142423
SP AUSNETLong26-Mar-081.5433800021.763632
A-SONIC AEROSPACE LIMITEDShort26-Mar-080.0912600022.622729
VGO CORPORATION LIMITEDShort26-Mar-080.03530100021.473037

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