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

Thursday, February 21, 2008

Scan 21 Feb 08

ADX Scan based on closing price on 21 Feb 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BEYONICSTECHNOLOGY LIMITEDLong21-Feb-080.29159500044.012927
CHINA ANIMAL HEALTHCARE LTD.Long21-Feb-080.2152556900036.223927
EPURE INTERNATIONAL LTD.Long21-Feb-081.8536800045.223124
KING'S SAFETYWEAR LIMITEDLong21-Feb-080.2919800042.895434
KS ENERGY SERVICES LIMITEDLong21-Feb-082.52181200037.53321
ONIONTECH LIMITEDLong21-Feb-080.0750200020.936221
SAPPHIRE CORPORATION LIMITEDLong21-Feb-080.02556700029.611814
SIA ENGINEERING CO LTDLong21-Feb-083.8130600030.913228
SINGAPORE TECH ENGINEERING LTDLong21-Feb-083.59673200024.372218
CHINA FARM EQUIPMENT LIMITEDShort21-Feb-080.4325100022.173132
EZRA HOLDINGS LIMITEDShort21-Feb-082.33116300031.942728
LANTROVISION (S) LTDShort21-Feb-080.042304800026.061720
OSIM INTERNATIONAL LTDShort21-Feb-080.477800033.772534

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