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 21, 2008

Scan 21 Apr 08

ADX Scan based on closing price on 21 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CEI CONTRACT MANUFACTURING LTDLong21-Apr-080.165153000020.173028
CHINA KANGDA FOOD COMPANY LTDLong21-Apr-080.29545900020.652625
DATACRAFT ASIA LTDLong21-Apr-080.9857700038.853125
ISDN HOLDINGS LIMITEDLong21-Apr-080.6139700031.942321
SYNEAR FOOD HOLDINGS LIMITEDLong21-Apr-080.622396700022.712926
ELECTROTECH INVESTMENTS LTDShort21-Apr-080.46516000025.844048
NAM LEE PRESSED METAL INDS LTDShort21-Apr-080.1472300022.042940
YANLORD LAND GROUP LIMITEDShort21-Apr-082.22720200023.262426
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