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

Monday, May 12, 2008

Scan 12 May 08

ADX Scan based on closing price on 12 May 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CAPITALAND LIMITEDLong12-May-086.69630700021.222928
FUJI OFFSET PLATES MFG LTDLong12-May-080.5626000029.532721
UNITED INDUSTRIAL CORP LTDLong12-May-082.8596700021.453022
ABR HOLDINGS LIMITEDShort12-May-080.1923000050.852071
ADAMPAK LIMITEDShort12-May-080.2513400041.962935
COURAGE MARINE GROUP LIMITEDShort12-May-080.4107500030.12122
TUAN SING HOLDINGS LIMITEDShort12-May-080.27515700032.872427
UOB-KAY HIAN HOLDINGS LIMITEDShort12-May-081.9866700034.72743
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)