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

Monday, April 7, 2008

Scan 7 Apr 08

ADX Scan based on closing price on 7 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BH GLOBAL MARINE LIMITEDLong7-Apr-080.39547300040.273028
CAMBRIDGE INDUSTRIAL TRUSTLong7-Apr-080.65110900021.362120
CHINA ENERGY LIMITEDLong7-Apr-080.66827700045.963130
FOOD EMPIRE HOLDINGS LIMITEDLong7-Apr-080.720400023.813018
LERENO BIO-CHEM LTD.Long7-Apr-080.07354300028.193122
ACHIEVA LIMITEDShort7-Apr-080.13130700023.023031
CHINA SKY CHEM FIBRE CO LTD.Short7-Apr-081.12254900023.692225
FRIVEN & CO. LTD.Short7-Apr-080.04100000027.754158
JADE TECHNOLOGIES HLDGS LTD.Short7-Apr-080.06516619900835.21573
JIUTIAN CHEMICAL GROUP LIMITEDShort7-Apr-080.1652705800020.082425
PACIFIC CENTURY REGIONAL DEVTSShort7-Apr-080.3175000023.71518
STRATECH SYSTEMS LIMITEDShort7-Apr-080.04128900024.683234
THOMSON MEDICAL CENTRE LIMITEDShort7-Apr-080.6336300024.463340
UMS HOLDINGS LIMITEDShort7-Apr-080.2555000024.62931

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