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, April 3, 2008

Scan 3 Apr 08

ADX Scan based on closing price on 3 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AZTECH SYSTEMS LTDLong3-Apr-080.23540400032.922827
CHINA SKY CHEM FIBRE CO LTD.Long3-Apr-081.13206700027.12524
CITYSPRING INFRASTRUCT TRUSTLong3-Apr-080.72593200031.483121
INNO-PACIFIC HOLDINGS LTDLong3-Apr-080.0349300020.324235
K1 VENTURES LIMITEDLong3-Apr-080.297700021.112320
KEPPEL TELE & TRANLong3-Apr-084.75107700057.333122
KING WAN CORPORATION LIMITEDLong3-Apr-080.1211000029.334139
OLAM INTERNATIONAL LIMITEDLong3-Apr-082.481408900032.52823
PORTEK INTERNATIONAL LIMITEDLong3-Apr-080.4321500033.993832
TOTAL ACCESS COMM PUB CO LTDLong3-Apr-081.35762820028.892826
TTL HOLDINGS LIMITEDLong3-Apr-080.0910100022.394631
UMS HOLDINGS LIMITEDLong3-Apr-080.26611500027.63427
ASCENDAS INDIA TRUSTShort3-Apr-081.0354100021.22529
COSCO CORPORATION (S) LTDShort3-Apr-083.722153000026.682830
JARDINE CYCLE & CARRIAGE LTDShort3-Apr-0818147900020.862629

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