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 24, 2008

Scan 24 Mar 08

ADX Scan based on closing price on 24 Mar 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FALMAC LIMITEDLong24-Mar-080.0468400057.91817
HI-P INTERNATIONAL LIMITEDLong24-Mar-080.4712400022.332726
INNO-PACIFIC HOLDINGS LTDLong24-Mar-080.025878300023.154730
INTERNET TECHNOLOGY GRP LTDLong24-Mar-080.0412400024.943327
JUKEN TECHNOLOGY LIMITEDLong24-Mar-080.13522600032.634643
MIDSOUTH HOLDINGS LTDLong24-Mar-080.56569600023.913532
PROGEN HOLDINGS LTDLong24-Mar-080.09552100026.476224
STAMFORD LAND CORPORATION LTDLong24-Mar-080.525874600030.464822
SUNTEC REAL ESTATE INV TRUSTLong24-Mar-081.44777500020.422825
SWING MEDIA TECHNOLOGY GRP LTDLong24-Mar-080.0731100021.512519
UNITED PULP & PAPER CO. LTDLong24-Mar-080.2319500020.044630
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