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, May 26, 2008

Scan 26 May 08

ADX Scan based on closing price on 26 May 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SOUTHERN PACKAGING GROUP LTDLong26-May-080.2177100037.892926
WESTCOMB FINANCIAL GROUP LTDLong26-May-080.28690800028.423529
APEX-PAL INTERNATIONAL LTDShort26-May-080.3642400026.723247
COURAGE MARINE GROUP LIMITEDShort26-May-080.4104600023.532429
CREATIVE TECHNOLOGY LTDShort26-May-086.4116460021.722022
DMX TECHNOLOGIES GROUP LTDShort26-May-080.2734400026.612324
JES INTERNATIONAL HOLDINGS LTDShort26-May-080.38803500022.272326
KODA LTDShort26-May-080.4710200023.574352
OVERSEA-CHINESE BANKING CORPShort26-May-088.65405800026.961624
SINO-ENVIRONMENT TECH GRP LTDShort26-May-081.57126900030.422427
THAI VILLAGE HOLDINGS LTDShort26-May-080.1213800036.433554
UMS HOLDINGS LIMITEDShort26-May-080.24520300025.842732
UNI-ASIA FINANCE CORPORATIONShort26-May-080.705168200025.352029
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