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

Friday, June 27, 2008

Scan 27 Jun 08

ADX Scan based on closing price on 27 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADDVALUE TECHNOLOGIES LTDLong27-Jun-080.09299500033.642220
ASIAPHARM GROUP LTDLong27-Jun-080.7256200040.735443
INNO-PACIFIC HOLDINGS LTDLong27-Jun-080.02520100044.295641
ARMARDA GROUP LIMITEDShort27-Jun-080.09137500022.431822
CHINA KANGDA FOOD COMPANY LTDShort27-Jun-080.3293200030.931820
DATACRAFT ASIA LTDShort27-Jun-081.0248800024.221923
FIRSTLINK INV CORP LTDShort27-Jun-080.09909000021.162426
OCEANUS GROUP LIMITEDShort27-Jun-080.3855061000035.322324
RICHLAND GROUP LIMITEDShort27-Jun-080.4815800021.751921
UNITED FIBER SYSTEM LIMITEDShort27-Jun-080.2317000020.322223
VIBROPOWER CORPORATION LIMITEDShort27-Jun-080.0534500020.873658
XPRESS HOLDINGS LTDShort27-Jun-080.10553000029.31422
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