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

Friday, April 25, 2008

Scan 25 Apr 08

ADX Scan based on closing price on 25 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ACTION ASIA LIMITEDLong25-Apr-080.123000024.074632
JASPER INVESTMENTS LIMITEDLong25-Apr-080.4591700042.386531
SC GLOBAL DEVELOPMENTS LTDLong25-Apr-081.5162800020.452823
CHINA AUTO CORPORATION LTD.Short25-Apr-080.075149100024.991718
FORELAND FABRICTECH HLDS LTDShort25-Apr-080.3447600044.412331
GALLANT VENTURE LTD.Short25-Apr-080.6837600020.612225
GLOBAL TECH (HLDGS) LIMITEDShort25-Apr-080.0120000021.973656
JISHAN HOLDINGS LIMITEDShort25-Apr-080.07562900020.233148
KEPPEL TELE & TRANShort25-Apr-085.4521800029.132527
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)