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, June 12, 2008

Scan 12 Jun 08

ADX Scan based on closing price on 12 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASA GROUP HOLDINGS LTDLong12-Jun-080.05522100022.045939
FALMAC LIMITEDLong12-Jun-080.03539500026.625434
ALBEDO LIMITEDShort12-Jun-080.14578700028.522631
AUTRON CORPORATION LIMITEDShort12-Jun-080.04116000025.973441
CACOLA FURNITURE INTL LIMITEDShort12-Jun-080.35574100023.692531
CAPITARETAIL CHINA TRUSTShort12-Jun-081.4121100023.162228
CHINA FISHERY GROUP LIMITEDShort12-Jun-081.7164100021.562834
CHINA HONGCHENG HOLDINGS LTDShort12-Jun-080.2218900021.453839
CSC HOLDINGS LTDShort12-Jun-080.275193700027.892123
HG METAL MANUFACTURING LTDShort12-Jun-080.3958500025.682022
HUPSTEEL LTDShort12-Jun-080.3340700020.762528
JADE TECHNOLOGIES HLDGS LTD.Short12-Jun-080.1052389800025.492427
JARDINE STRATEGIC HLDGS LTDShort12-Jun-0817.411900024.542540
MAGNUS ENERGY GROUP LTD.Short12-Jun-080.07813000024.521421
NTI INTERNATIONAL LIMITEDShort12-Jun-080.04525000026.273861
ROWSLEY LTD.Short12-Jun-080.105205000028.711922
SEMBCORP MARINE LTDShort12-Jun-084.27759100023.42127
YONGNAM HOLDINGS LIMITEDShort12-Jun-080.215125800020.381821
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