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 3, 2008

Scan 3 Mar 08

ADX Scan based on closing price on 3 Mar 08


Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CNA GROUP LTD.Long3-Mar-080.3549700020.244439
LIANG HUAT ALUMINIUM LTDLong3-Mar-080.03591100033.082319
SINOMEM TECHNOLOGY LIMITEDLong3-Mar-080.90537900020.794515
ALLCO COMMERCIAL REITShort3-Mar-080.79566600022.122730
CDL HOSPITALITY TRUSTSShort3-Mar-082.15199700024.221929
CHINA INFRASTRUCTURE HLDGS LTDShort3-Mar-080.0876500026.383348
CWT LIMITEDShort3-Mar-080.8415800026.552632
EPURE INTERNATIONAL LTD.Short3-Mar-081.7620600031.272530
FULL APEX (HOLDINGS) LIMITEDShort3-Mar-080.30515200021.793034
GLOBAL VOICE GROUP LIMITEDShort3-Mar-080.078362600021.062137
HO BEE INVESTMENT LIMITEDShort3-Mar-081.15199300020.392131
HONGGUO INTL HOLDINGS LIMITEDShort3-Mar-080.57552500024.132228
INCHEM HOLDINGS INT LTDShort3-Mar-080.24532200023.123033
LOW KENG HUAT (SINGAPORE) LTDShort3-Mar-080.48513000022.613337
PACIFIC ANDES (HOLDINGS) LTDShort3-Mar-080.48200400020.292332
RICKMERS MARITIMEShort3-Mar-081.0571000024.312225
SEMBCORP MARINE LTDShort3-Mar-083.5447900023.972728
SILVERLAKE AXIS LTDShort3-Mar-080.4722500034.22333
SMB UNITED LIMITEDShort3-Mar-080.285132600023.312838
SUNSHINE HOLDINGS LIMITEDShort3-Mar-080.1895500025.12531
TR NETWORKS LIMITEDShort3-Mar-080.2412000026.673438
UOL GROUP LIMITEDShort3-Mar-083.77149900022.092630

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