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, July 28, 2008

Scan 28 July 08

ADX Scan based on closing price on 28 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CAPITARETAIL CHINA TRUSTLong28-Jul-081.17325100048.233025
CHINA ERATAT SPORTS FASHIONLTDLong28-Jul-080.21692200027.983121
CHINA PRINT POWER GROUP LTDLong28-Jul-080.16550000032.016040
CHINA ZAINO INTERNATIONAL LTDLong28-Jul-080.4738500022.963128
GLOBAL ARIEL LIMITEDLong28-Jul-080.035125200027.483331
JETS TECHNICS INTL HLDGS LTDLong28-Jul-080.0225000065.964829
MEDTECS INTERNATIONAL CORP LTDLong28-Jul-080.07510400028.323029
CHINA ENERSAVE LTDShort28-Jul-080.031209600027.341216
SHINING CORPORATION LTDShort28-Jul-080.1214000020.573949
SUN EAST GROUP LIMITEDShort28-Jul-080.120900026.652325
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