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 22, 2008

Scan 22 May 08

ADX Scan based on closing price on 22 May 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FUJI OFFSET PLATES MFG LTDLong22-May-080.54521000020.941917
LAFE TECHNOLOGY LIMITEDLong22-May-080.12342800028.033228
DESIGN STUDIO FURNITURE MFRLTDShort22-May-080.4514700029.313738
GOODPACK LIMITEDShort22-May-081.66133300033.862735
JARDINE STRATEGIC HLDGS LTDShort22-May-0817.4810900030.242728
NTI INTERNATIONAL LIMITEDShort22-May-080.0527500044.534552
OLAM INTERNATIONAL LIMITEDShort22-May-082.7804000023.352026
STX PAN OCEAN CO. LTD.Short22-May-083.53895100022.293233
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)