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 8, 2008

Scan 8 July 08

ADX Scan based on closing price on 8 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIATIC GROUP (HOLDINGS) LTDLong8-Jul-080.1250000022.73531
CMZ HOLDINGS LTD.Long8-Jul-080.1810100021.015049
CWT LIMITEDLong8-Jul-080.8313100021.813128
HLH GROUP LIMITEDLong8-Jul-080.02580000028.293625
MACARTHURCOOK INDUSTRIAL REITLong8-Jul-080.9123300021.163028
MARCO POLO MARINE LTD.Long8-Jul-080.36177000036.993129
ADDVALUE TECHNOLOGIES LTDShort8-Jul-080.08521200022.841822
ALBEDO LIMITEDShort8-Jul-080.14350600029.62934
BIO-TREAT TECHNOLOGY LIMITEDShort8-Jul-080.2759100020.961924
CAPITAMALL TRUSTShort8-Jul-083.05647800027.312022
CHUAN HUP HOLDINGS LIMITEDShort8-Jul-080.3622200022.142127
ITE ELECTRIC CO LTDShort8-Jul-080.06572300024.92971
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