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, April 1, 2008

Scan 1 Apr 08

ADX Scan based on closing price on 1 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AGVA CORPORATION LIMITEDLong1-Apr-080.0810500029.314227
ETLA LIMITEDLong1-Apr-080.3433200043.472726
GOODPACK LIMITEDLong1-Apr-081.6971300023.393126
SHINING CORPORATION LTDLong1-Apr-080.1336900034.944946
SYNEAR FOOD HOLDINGS LIMITEDLong1-Apr-080.695933800041.053527
CHASEN HOLDINGS LIMITEDShort1-Apr-080.01228900022.921314
CHINA POWERPLUS LIMITEDShort1-Apr-080.1718500024.193638
FIRST SHIP LEASE TRUSTShort1-Apr-081.12129100022.62628
MACARTHURCOOK INDUSTRIAL REITShort1-Apr-080.9645300030.422426
OAKWELL ENGINEERING LIMITEDShort1-Apr-080.0618000022.633133
SM SUMMIT HOLDINGS LTDShort1-Apr-080.2622800026.432931
TELECHOICE INTERNATIONAL LTDShort1-Apr-080.2532500023.113543
ULTRO TECHNOLOGIES LIMITEDShort1-Apr-080.1711700023.192830
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