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

Wednesday, April 30, 2008

Scan 30 Apr 08

ADX Scan based on closing price on 30 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ARIANECORP LIMITEDLong30-Apr-080.0351560900027.252517
GLOBAL TESTING CORPORATION LTDLong30-Apr-080.115451700032.983224
KEPPEL TELE & TRANLong30-Apr-085.3512100023.772625
SUNLIGHT GROUP HLDG LTDLong30-Apr-080.06513000058.055937
ASIA-PACIFIC STRATEGIC INV LTDShort30-Apr-080.245105100027.263639
LOW KENG HUAT (SINGAPORE) LTDShort30-Apr-080.54538700029.443435
NERATELECOMMUNICATIONS LTDShort30-Apr-080.3947400041.951648
SINGAPORE REINSURANCE COR LTDShort30-Apr-080.33156500022.622442
SM SUMMIT HOLDINGS LTDShort30-Apr-080.32528400024.032543
WESTCOMB FINANCIAL GROUP LTDShort30-Apr-080.21250500042.474051
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