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, July 2, 2008

Scan 2 July 08

ADX Scan based on closing price on 2 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASA GROUP HOLDINGS LTDLong2-Jul-080.05510100023.094233
ASCENDAS REAL ESTATE INV TRUSTLong2-Jul-082.32417400020.412120
SINGAPORE PETROLEUM CO LTDLong2-Jul-086.83275200027.262321
ABR HOLDINGS LIMITEDShort2-Jul-080.26511100029.83435
ADDVALUE TECHNOLOGIES LTDShort2-Jul-080.08522100027.791924
AMPLEFIELD LIMITEDShort2-Jul-080.02514000026.344157
ASIATRAVEL.COM HOLDINGS LTDShort2-Jul-080.5233000020.922958
CITYNEON HOLDINGS LIMITEDShort2-Jul-080.413000020.654152
CYBER VILLAGE HOLDINGS LIMITEDShort2-Jul-080.0330000020.673953
FIRST SHIP LEASE TRUSTShort2-Jul-081.2337300023.582428
FUNG CHOI MEDIA GROUP LIMITEDShort2-Jul-080.30515000025.882938
HYFLUX WATER TRUSTShort2-Jul-080.6416700033.582536
NEW LAKESIDE HOLDINGS LIMITEDShort2-Jul-080.07515000028.754151
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