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

Friday, April 11, 2008

Scan 11 Apr 08

ADX Scan based on closing price on 11 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BRC ASIA LIMITEDLong11-Apr-080.13556000020.724338
CAPITARETAIL CHINA TRUSTLong11-Apr-081.32326800020.062422
OLAM INTERNATIONAL LIMITEDLong11-Apr-082.46349700022.612625
SINGAPORE EXCHANGE LIMITEDLong11-Apr-088.281305600020.493130
SINOBEST TECHNOLOGY HLDGS LTD.Long11-Apr-080.115500039.816329
THAKRAL CORPORATION LTDLong11-Apr-080.0633000023.552928
TSH CORPORATION LIMITEDLong11-Apr-080.15514000026.493230
WANXIANG INTERNATIONAL LIMITEDLong11-Apr-080.125148400021.472622
CENTILLION ENV & RECYC LIMITEDShort11-Apr-080.025279300031.051320
ETLA LIMITEDShort11-Apr-080.34514300030.312933
GRAND BANKS YACHTS LIMITEDShort11-Apr-080.9111900022.273240

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