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

Monday, June 16, 2008

Scan 16 Jun 08

ADX Scan based on closing price on 16 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA FOOD & PROPERTIES LTDLong16-Jun-080.7480000022.263529
CSC HOLDINGS LTDLong16-Jun-080.27437600024.52220
JADE TECHNOLOGIES HLDGS LTD.Long16-Jun-080.128190700023.843321
MAGNUS ENERGY GROUP LTD.Long16-Jun-080.07403300022.692119
POKKA CORPORATION (S) LIMITEDLong16-Jun-080.65559200027.757320
ROWSLEY LTD.Long16-Jun-080.11208400025.412119
ALLCO COMMERCIAL REITShort16-Jun-080.81542700020.012728
CHINA JISHAN HOLDINGS LIMITEDShort16-Jun-080.08510200022.793060
GUOCOLEISURE LIMITEDShort16-Jun-080.78530100021.023537
HLH GROUP LIMITEDShort16-Jun-080.03167700022.721118
INTERRA RESOURCES LIMITEDShort16-Jun-080.23524900034.952326
LANTROVISION (S) LTDShort16-Jun-080.0368000043.782128
SING HOLDINGS LIMITEDShort16-Jun-080.39515700026.272740
THAKRAL CORPORATION LTDShort16-Jun-080.065293600034.453037

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