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

Tuesday, June 17, 2008

Scan 17 Jun 08

ADX Scan based on closing price on 17 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
C K TANG LTDLong17-Jun-080.70529300023.554942
GUOCOLEISURE LIMITEDLong17-Jun-080.78531500021.254729
INNOVALUES LIMITEDLong17-Jun-080.216000024.853430
NEW LAKESIDE HOLDINGS LIMITEDLong17-Jun-080.08549900041.547227
GLOBAL ARIEL LIMITEDShort17-Jun-080.0593000020.862228
ORIENTAL CENTURY LIMITEDShort17-Jun-080.45510600020.13039
ROWSLEY LTD.Short17-Jun-080.105820000241922
SWISSCO INTERNATIONAL LIMITEDShort17-Jun-081.11137900026.632326
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