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 30 May 08

ADX Scan based on closing price on 30 May 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHANGTIAN PLASTIC & CHEM LTDLong30-May-080.23388100020.482422
CHINA FARM EQUIPMENT LIMITEDLong30-May-080.5823300039.893825
CHINA MILK PRODUCTS GROUP LTDLong30-May-080.7251203800024.142625
GOODPACK LIMITEDLong30-May-081.71176600026.543926
JARDINE STRATEGIC HLDGS LTDLong30-May-081821150020.753220
LYXOR JAPAN (TOPIX) FUND 10Long30-May-081.34130000025.255439
METRO HOLDINGS LIMITEDLong30-May-080.85142100024.264216
OSIM INTERNATIONAL LTDLong30-May-080.3527700025.994416
SINGTELLong30-May-083.814158100025.52420
TECHNICS OIL & GAS LIMITEDLong30-May-080.54119600020.473223
THAI BEVERAGE PUBLIC CO LTDLong30-May-080.26249500025.91612
YHI INTERNATIONAL LIMITEDLong30-May-080.28521500020.623720
BOUSTEAD SINGAPORE LIMITEDShort30-May-082.0237000027.143540
CHINA XLX FERTILISER LTD.Short30-May-080.8551643000028.532027
DMX TECHNOLOGIES GROUP LTDShort30-May-080.2717900020.432224
HYFLUX LTDShort30-May-083.36168800041.362228
INNOVALUES LIMITEDShort30-May-080.2213300027.833135
KODA LTDShort30-May-080.43539700020.533561
PSC CORPORATION LTDShort30-May-080.30513000033.763136
SUPER COFFEEMIX MANUFACTURINGShort30-May-080.961287400060.822645

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