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 28, 2008

Scan 28 Feb 08

ADX Scan based on closing price on 28 Feb 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BREADTALK GROUP LIMITEDLong28-Feb-080.59559400023.373528
ELEC & ELTEK INT CO LTDLong28-Feb-081.7711500023.655633
KINGBOARD COPPER FOIL HDGS LTDLong28-Feb-080.35581300033.334422
UNITED FIBER SYSTEM LIMITEDLong28-Feb-080.2151538700020.442720
AQUA-TERRA SUPPLY CO. LIMITEDShort28-Feb-080.3765800023.442230
ASIA ENVIRONMENT HOLDINGS LTDShort28-Feb-080.555123100031.482328
C&G INDUSTRIAL HOLDINGS LTDShort28-Feb-080.315248300023.52631
CHINA ANIMAL HEALTHCARE LTD.Short28-Feb-080.175117000027.663033
DESIGN STUDIO FURNITURE MFRLTDShort28-Feb-080.4742900020.012124
EASTGATE TECHNOLOGY LTDShort28-Feb-080.0485200021.041922
ENVIRO-HUB HOLDINGS LTDShort28-Feb-080.43518100028.352129
FERROCHINA LIMITEDShort28-Feb-081.341157400034.652429
FU YU CORPORATION LTDShort28-Feb-080.145109000023.812225
HERSING CORPORATION LTDShort28-Feb-080.49172800023.012942
HUPSTEEL LTDShort28-Feb-080.3243400023.22530
MEIBAN GROUP LTDShort28-Feb-080.365174900028.072429
SINGAPORE TECH ENGINEERING LTDShort28-Feb-083.47555900021.562125
TYE SOON LTDShort28-Feb-080.0912500026.172748
ULTRO TECHNOLOGIES LIMITEDShort28-Feb-080.21569600020.762231
UNI-ASIA FINANCE CORPORATIONShort28-Feb-080.75317700026.562631

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