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

Wednesday, June 18, 2008

Scan 18 Jun 08

ADX Scan based on closing price on 18 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ABTERRA LTDLong18-Jun-080.08999100030.91914
CAMBRIDGE INDUSTRIAL TRUSTLong18-Jun-080.7174100027.672419
CELESTIAL NUTRIFOODS LIMITEDLong18-Jun-080.84745500021.442620
FUJI OFFSET PLATES MFG LTDLong18-Jun-080.5630900022.142823
GMG GLOBAL LTDLong18-Jun-080.21936200030.662518
HLH GROUP LIMITEDLong18-Jun-080.0362500021.912016
INTERNET TECHNOLOGY GRP LTDLong18-Jun-080.0471000022.243828
MAPLETREE LOGISTICS TRUSTLong18-Jun-080.955279400027.72726
MERCATOR LINES (SINGAPORE) LTDLong18-Jun-080.471774200023.012523
OLAM INTERNATIONAL LIMITEDLong18-Jun-082.671011000020.632724
PARKWAYLIFE REITLong18-Jun-081.21107400026.382423
ROWSLEY LTD.Long18-Jun-080.11778200023.842818
SYNEAR FOOD HOLDINGS LIMITEDLong18-Jun-080.52411200029.653329
ASA GROUP HOLDINGS LTDShort18-Jun-080.0514100021.953147
BANYAN TREE HOLDINGS LIMITEDShort18-Jun-081.4721900020.322334
CSC HOLDINGS LTDShort18-Jun-080.27172500021.622022
THAI BEVERAGE PUBLIC CO LTDShort18-Jun-080.25247800036.292628

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