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

Tuesday, July 22, 2008

Scan 22 July 08

ADX Scan based on closing price on 22 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ANWELL TECHNOLOGIES LIMITEDLong22-Jul-080.065542700025.613830
BRIGHT WORLD PRECISION MAC LTDLong22-Jul-080.665123300049.438312
CHINA ENERSAVE LTDLong22-Jul-080.03525000029.66158
CHINA TAISAN TECH GRP HLDGSLTDLong22-Jul-080.1952392100020.592423
DMX TECHNOLOGIES GROUP LTDLong22-Jul-080.225273600021.342320
GOODPACK LIMITEDLong22-Jul-081.4256000029.742827
HUPSTEEL LTDLong22-Jul-080.368700024.312926
IS MSCI INDIA 100Long22-Jul-085.9951970026.363228
MACQUARIE INT'L INFRA FUND LTDLong22-Jul-080.795154700028.312523
SMB UNITED LIMITEDLong22-Jul-080.21510200022.293625
SWING MEDIA TECHNOLOGY GRP LTDLong22-Jul-080.06519100036.144440
WING TAI HLDGS LTDLong22-Jul-081.5795500033.522120
ENPORIS GREENZ LIMITEDShort22-Jul-080.045315500024.853746
POPULAR HOLDINGS LIMITEDShort22-Jul-080.2519600021.842027
SINGAPORE PETROLEUM CO LTDShort22-Jul-086.81102600027.612122
SUNWAY INTL HLDGS LTDShort22-Jul-080.05510400027.623861
UNIDUX ELECTRONICS LIMITEDShort22-Jul-080.0727500020.954653
UNIFIED COMMUNICATIONS HLDGLTDShort22-Jul-080.0727800027.923663

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