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

Thursday, March 6, 2008

Scan 6 Mar 08

ADX Scan based on closing price on 6 Mar 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CWT LIMITEDLong6-Mar-080.88537800023.383128
KING WAN CORPORATION LIMITEDLong6-Mar-080.13510200020.934946
PARKWAY HLDGS LTDLong6-Mar-083.28301700025.782927
RIVERSTONE HOLDINGS LIMITEDLong6-Mar-080.50524700030.942318
SUNNINGDALE TECH LTDLong6-Mar-080.20583800021.043020
SIM LIAN GROUP LIMITEDShort6-Mar-080.545106400020.563132
TSH CORPORATION LIMITEDShort6-Mar-080.15511000032.933547
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