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, June 14, 2008

Scan 13 Jun 08

ADX Scan based on closing price on 13 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BRC ASIA LIMITEDLong13-Jun-080.11512000020.584036
CHINA GREAT LAND HOLDINGS LTD.Long13-Jun-080.0879500021.076531
FIRST SHIP LEASE TRUSTLong13-Jun-081.2176200027.673322
MERMAID MARITIME PUBLIC CO LTDLong13-Jun-081.282300030.353127
NTEGRATOR INTERNATIONAL LTDLong13-Jun-080.04575300025.375542
SAIZEN REAL ESTATE INV TRUSTLong13-Jun-080.7721400020.183122
ABTERRA LTDShort13-Jun-080.0851975300036.61416
CELESTIAL NUTRIFOODS LIMITEDShort13-Jun-080.77216700024.192026
CHINA ZAINO INTERNATIONAL LTDShort13-Jun-080.535194700020.452630
ECOWISE HOLDINGS LIMITEDShort13-Jun-080.261700025.242730
HERSING CORPORATION LTDShort13-Jun-080.59539700030.622024
KS ENERGY SERVICES LIMITEDShort13-Jun-081.9293700020.652327
MERCATOR LINES (SINGAPORE) LTDShort13-Jun-080.451457200028.172527
THAI VILLAGE HOLDINGS LTDShort13-Jun-080.1551074800051.932538
TTL HOLDINGS LIMITEDShort13-Jun-080.09519000031.543760

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