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, April 14, 2008

Scan 14 Apr 08

ADX Scan based on closing price on 14 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AUSGROUP LIMITEDShort14-Apr-080.88254600026.483133
BAKER TECHNOLOGY LIMITEDShort14-Apr-080.27134900020.792123
CHINA ENERGY LIMITEDShort14-Apr-080.522814500032.492528
CHUAN HUP HOLDINGS LIMITEDShort14-Apr-080.36120400029.032023
HG METAL MANUFACTURING LTDShort14-Apr-080.3316500023.512532
INFORMATICS EDUCATION LTD.Short14-Apr-080.04513600022.472229
MARCO POLO MARINE LTD.Short14-Apr-080.2711200024.294452
MOBILEONE LTDShort14-Apr-082191600034.62125
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