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 24, 2008

Scan 24 Apr 08

ADX Scan based on closing price on 24 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
8TELECOM INTL HOLDINGS CO LTDLong24-Apr-080.0895400022.674532
FIRST RESOURCES LIMITEDLong24-Apr-081.012534900021.122724
HEETON HOLDINGS LIMITEDLong24-Apr-080.38513500024.773432
HOTEL PROPERTIES LTDLong24-Apr-082.7938100022.072725
JURONG TECH IND CORP LTDLong24-Apr-080.295221900021.041912
LIANG HUAT ALUMINIUM LTDLong24-Apr-080.035567100023.584321
SHANGHAI TURBO ENTERPRISES LTDLong24-Apr-080.0612000026.735741
UNITED INDUSTRIAL CORP LTDLong24-Apr-082.79389000222423
HLH GROUP LIMITEDShort24-Apr-080.0340500022.761826
SNP CORPORATION LTDShort24-Apr-081.2623700022.123034
VICPLAS INTERNATIONAL LTDShort24-Apr-080.1119600051.542177
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