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 4, 2008

Scan 4 Apr 08

ADX Scan based on closing price on 4 Apr 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EASTGATE TECHNOLOGY LTDLong4-Apr-080.04243600021.661513
GALLANT VENTURE LTD.Long4-Apr-080.655106300030.213624
HOR KEW CORPORATION LIMITEDLong4-Apr-080.1246500023.352927
HYFLUX WATER TRUSTLong4-Apr-080.61106600024.683022
KSH HOLDINGS LIMITEDLong4-Apr-080.395138900020.53633
LONGCHEER HOLDINGS LIMITEDLong4-Apr-080.41181600027.833524
TIONG WOON CORP HOLDING LTDLong4-Apr-080.657200026.382827
UNIONMET (SINGAPORE) LIMITEDLong4-Apr-080.1461200023.623025
FOOD EMPIRE HOLDINGS LIMITEDShort4-Apr-080.714600023.722223
KEDA COMMUNICATIONS LTD.Short4-Apr-080.0940600040.54253
LIAN BENG GROUP LTDShort4-Apr-080.4359700027.362628
SUPERBOWL HOLDINGS LIMITEDShort4-Apr-080.2520400029.653651
YHI INTERNATIONAL LIMITEDShort4-Apr-080.26596900026.482935
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