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

Tuesday, April 29, 2008

Scan 29 Apr 08

ADX Scan based on closing price on 29 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BEAUTY CHINA HOLDINGS LIMITEDLong29-Apr-080.83598800024.92927
HOSEN GROUP LTDLong29-Apr-080.13560300022.044432
UNIDUX ELECTRONICS LIMITEDLong29-Apr-080.0835000029.945044
ASIA ENTERPRISES HOLDING LTDShort29-Apr-080.40514100023.923145
GLOBAL TESTING CORPORATION LTDShort29-Apr-080.115122000034.562527
HEETON HOLDINGS LIMITEDShort29-Apr-080.36511500021.443339
KEPPEL CORPORATION LIMITEDShort29-Apr-0810.361121500026.292634
NATSTEEL LTDShort29-Apr-081.4717900036.23042
OCEAN INT'L HOLDINGS LIMITEDShort29-Apr-080.03525000020.953738
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