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

Saturday, May 17, 2008

Scan 16 May 08

ADX Scan based on closing price on 16 May 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHEMOIL ENERGY LIMITEDLong16-May-080.4724500021.164022
CMZ HOLDINGS LTD.Long16-May-080.19538900032.496824
CREATIVE MASTER BERMUDA LTDLong16-May-080.06514500028.316027
GRAND BANKS YACHTS LIMITEDLong16-May-080.93749900030.073728
SEE HUP SENG LIMITEDLong16-May-080.325185800023.452826
SINWA LIMITEDLong16-May-080.31526300020.984631
THE LEXICON GROUP LIMITEDLong16-May-080.035103300020.314530
OSIM INTERNATIONAL LTDShort16-May-080.3124000030.422425
PARKWAY HLDGS LTDShort16-May-083.1376900021.892136
SUNNINGDALE TECH LTDShort16-May-080.185160400026.282932
UMS HOLDINGS LIMITEDShort16-May-080.255140900035.772834
UNISTEEL TECHNOLOGY LTDShort16-May-081.69447400027.812831
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