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 17, 2008

Scan 17 Mar 08

ADX Scan based on closing price on 17 Mar 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COMPACT METAL INDUSTRIES LTDLong17-Mar-080.0235000035.834234
INTERNATIONAL PRESS SOFTCOMLong17-Mar-080.12512700020.475536
DEL MONTE PACIFIC LIMITEDShort17-Mar-080.605127500021.842531
FIRST SHIP LEASE TRUSTShort17-Mar-081.06299500035.612830
GIKEN SAKATA (S) LIMITEDShort17-Mar-080.0613000040.14351
KXD DIGITAL ENTERTAINMENT LTDShort17-Mar-080.02549000021.252231
MDR LIMITEDShort17-Mar-080.035775600029.212935
PARKWAYLIFE REITShort17-Mar-081.1932500023.112024
SWING MEDIA TECHNOLOGY GRP LTDShort17-Mar-080.065207700025.981923
UNITED FIBER SYSTEM LIMITEDShort17-Mar-080.2152613800020.361617
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