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 5, 2008

Scan 5 Mar 08

ADX Scan based on closing price on 5 Mar 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KLW HOLDINGS LTDLong5-Mar-080.1130200037.856725
ACHIEVA LIMITEDShort5-Mar-080.16585600031.442444
ANNAIK LIMITEDShort5-Mar-080.2455200031.652836
ARIANECORP LIMITEDShort5-Mar-080.03110700025.172532
ASTI HOLDINGS LIMITEDShort5-Mar-080.14530500021.212327
COMPACT METAL INDUSTRIES LTDShort5-Mar-080.0289000047.691457
CONTEL CORPORATION LIMITEDShort5-Mar-080.1395800026.212526
FRIVEN & CO. LTD.Short5-Mar-080.0420000022.013854
FU YU CORPORATION LTDShort5-Mar-080.13531900021.142024
HEETON HOLDINGS LIMITEDShort5-Mar-080.4511500026.642848
IONICS EMS INCShort5-Mar-080.03578900020.692571
JOINN HOLDINGS LIMITEDShort5-Mar-080.02363600021.632640
LIFEBRANDZ LTD.Short5-Mar-080.03540200020.52533
MIDSOUTH HOLDINGS LTDShort5-Mar-080.5866000023.22731
OUHUA ENERGY HOLDINGS LIMITEDShort5-Mar-080.2919400021.562630
STRATECH SYSTEMS LIMITEDShort5-Mar-080.031359400024.482754
SUNLIGHT GROUP HLDG LTDShort5-Mar-080.0650000043.153252

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