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, June 30, 2008

Scan 30 Jun 08

ADX Scan based on closing price on 30 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ARIANECORP LIMITEDLong30-Jun-080.03572700029.772417
CYBER VILLAGE HOLDINGS LIMITEDLong30-Jun-080.03529100022.744644
SOUTHERN PACKAGING GROUP LTDLong30-Jun-080.14559600036.953928
CHINA MILK PRODUCTS GROUP LTDShort30-Jun-080.72334400026.722026
MANHATTAN RESOURCES LIMITEDShort30-Jun-080.7648900023.812432
YOMA STRATEGIC HOLDINGS LTDShort30-Jun-080.18513000026.333661
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