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, March 10, 2008

Scan 10 Mar 08

ADX Scan based on closing price on 10 Mar 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHINA ESSENCE GROUP LTD.Long10-Mar-080.67521700021.14224
DARCO WATER TECHNOLOGIES LTDLong10-Mar-080.14510500041.323127
HENGXIN TECHNOLOGY LTD.Long10-Mar-080.2224500027.082523
METRO HOLDINGS LIMITEDLong10-Mar-080.7637900034.623129
AMARA HOLDINGS LTDShort10-Mar-080.5626200020.112327
BBR HOLDINGS (S) LTDShort10-Mar-080.07129700022.283031
GOLDTRON LIMITEDShort10-Mar-080.005333400044.622637
HARTFORD EDUCATION CORP LTDShort10-Mar-080.215900041.43639
UNITED INDUSTRIAL CORP LTDShort10-Mar-082.7921200029.012332
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