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, April 16, 2008

Scan 16 Apr 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHUNGHONG HOLDINGS LIMITEDLong16-Apr-080.227700027.063432
EVERGRO PROPERTIES LIMITEDLong16-Apr-080.23518800020.685440
FULL APEX (HOLDINGS) LIMITEDLong16-Apr-080.28540000021.183130
PACIFIC CENTURY REGIONAL DEVTSLong16-Apr-080.32182600021.182318
BROADWAY INDUSTRIAL GROUP LTDShort16-Apr-080.7913100027.672427
SCORPIO EAST HOLDINGS LTD.Short16-Apr-080.2151100021.53743
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)