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, April 10, 2008

Scan 10 Apr 08

ADX Scan based on closing price on 10 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SINOMEM TECHNOLOGY LIMITEDLong10-Apr-080.7215500020.652718
TELEDATA (SINGAPORE) LTDLong10-Apr-080.02221500021.953430
UMS HOLDINGS LIMITEDLong10-Apr-080.2653615100021.824025
YHI INTERNATIONAL LIMITEDLong10-Apr-080.2768800021.463632
AZTECH SYSTEMS LTDShort10-Apr-080.2314500025.052829
CEI CONTRACT MANUFACTURING LTDShort10-Apr-080.1687200022.052932
CHINA KANGDA FOOD COMPANY LTDShort10-Apr-080.29121600028.62126
CHINA SUN BIOCHEM TECH GP CO.Short10-Apr-080.305207300021.252627
EZRA HOLDINGS LIMITEDShort10-Apr-082.24735800023.523134
FISCHER TECH LTDShort10-Apr-080.1930100041.33855
HONG LEONG ASIA LTD.Short10-Apr-082.623900027.172526
RIVERSTONE HOLDINGS LIMITEDShort10-Apr-080.49512700020.311726
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