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

Thursday, May 15, 2008

Scan 15 May 08

ADX Scan based on closing price on 15 May 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CITYNEON HOLDINGS LIMITEDLong15-May-080.4451383600047.956731
CYBER VILLAGE HOLDINGS LIMITEDLong15-May-080.0427000026.895935
BONVESTS HOLDINGS LTDShort15-May-081.0816500023.323036
CHINA LIFESTYLE F&B GROUP LTDShort15-May-080.326500028.643538
GUANGZHAO IND FOREST BIOGRPLTDShort15-May-080.1741700026.552629
YAAN SECURITY TECHNOLOGY LTDShort15-May-080.19514400020.214451
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