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, March 11, 2008

Scan 11 Mar 08

ADX Scan based on closing price on 11 Mar 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FINANCIAL ONE CORPLong11-Mar-080.648400026.333431
JUKEN TECHNOLOGY LIMITEDLong11-Mar-080.17516000042.894342
PARKWAY HLDGS LTDLong11-Mar-083.28163300021.132725
DARCO WATER TECHNOLOGIES LTDShort11-Mar-080.1453100038.32829
DEL MONTE PACIFIC LIMITEDShort11-Mar-080.5814300028.23439
JASPER INVESTMENTS LIMITEDShort11-Mar-080.015411500024.752426
LEE METAL GROUP LTDShort11-Mar-080.242000022.752632
PORTEK INTERNATIONAL LIMITEDShort11-Mar-080.4832600034.872044
SP CHEMICALS LTDShort11-Mar-080.5216900030.031660
THAI BEVERAGE PUBLIC CO LTDShort11-Mar-080.251065600025.921618
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