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, May 30, 2008

Scan 29 May 08

ADX Scan based on closing price on 29 May 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA-PACIFIC STRATEGIC INV LTDLong29-May-080.2216000030.335237
DESIGN STUDIO FURNITURE MFRLTDLong29-May-080.4516900020.433937
STRAITS ASIA RESOURCES LIMITEDLong29-May-084.065032000025.283322
Z-OBEE HOLDINGS LIMITEDLong29-May-080.12510200021.522421
CHINA FARM EQUIPMENT LIMITEDShort29-May-080.52517100041.462830
HI-P INTERNATIONAL LIMITEDShort29-May-080.53149100026.822629
HSU FU CHI INTERNATIONAL LTDShort29-May-081.114200024.632226
KXD DIGITAL ENTERTAINMENT LTDShort29-May-080.02560200027.52125
METRO HOLDINGS LIMITEDShort29-May-080.785128800022.532223
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