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

Wednesday, June 11, 2008

Scan 11 Jun 08

ADX Scan based on closing price on 11 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
VASHION GROUP LTD.Long11-Jun-080.0368000042.245334
VICPLAS INTERNATIONAL LTDLong11-Jun-080.1115300030.26337
BABCOCK & BROWN GLOBAL INV LTDShort11-Jun-080.655118300028.662627
CHINA AUTO CORPORATION LTD.Short11-Jun-080.08206800029.55913
GMG GLOBAL LTDShort11-Jun-080.205816700040.52023
INFORMATICS EDUCATION LTD.Short11-Jun-080.0523600021.942229
THE LEXICON GROUP LIMITEDShort11-Jun-080.03527700032.021855
YOUCAN FOODS INTERNATIONAL LTDShort11-Jun-080.28510300051.483367
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